Shutterfly (SFLY) Falls Following Cut Q4 Outlook, Now Down ~8%
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Shutterfly, Inc. (Nasdaq: SFLY), is getting hit early Friday, following the issuance of preliminary numbers for its fourth-quarter report. Shares are down over 8 percent ahead of the bell.
Earlier, Shutterfly reported that its fourth quarter 2011 net revenues will range from $259 million to $264 million compared with its previous guidance of $270.5 million to $275.5 million. The Street sees revs of $267.76 million.
Click here for more color from the release.
Earlier, Shutterfly reported that its fourth quarter 2011 net revenues will range from $259 million to $264 million compared with its previous guidance of $270.5 million to $275.5 million. The Street sees revs of $267.76 million.
Click here for more color from the release.
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