Shutterstock (SSTK) Tops Q3 EPS by 2c; Issues Solid Outlook
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Shutterstock (NYSE: SSTK) reported Q3 EPS of $0.26, $0.02 better than the analyst estimate of $0.24. Revenue for the quarter came in at $83.7 million versus the consensus estimate of $82.5 million.
Shutterstock sees Q4 2014 revenue of $90-92 million, versus the consensus of $90.77 million.
Shutterstock sees FY2014 revenue of $326-329 million, versus the consensus of $326.23 million.
Shutterstock sees FY2015 revenue of $430-435 million, versus the consensus of $420.5 million.
"In the third quarter, we achieved strong growth due to our continued focus on providing an intuitive and efficient marketplace for businesses and creative professionals," said Founder and CEO Jon Oringer.
For earnings history and earnings-related data on Shutterstock (SSTK) click here.
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