Raymond James Downgrades Shutterstock (SSTK) to Market Perform
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 4/19/2024
- Nasdaq, S&P tumble as Netflix, chip stocks drag; AmEx boosts Dow
- Sony/Apollo bid for Paramount could be worth as much as $29 billion - Source
- Netflix Q1 earnings top estimates on blowout subscriber growth
- Nasdaq tumbles, Treasuries dip amid earnings, geopolitical crosscurrents
- Gold prices rally past $2,400 on reports of Israel strikes on Iran
- Tritium DCFC Limited (DCFC): Three Australian subsidiaries were determined to be insolvent or likely to become insolvent
- Hasbro (HAS) Announces Resignation of Cynthia Williams, President of Wizards of the Coast and Hasbro Gaming
- Jabil falls after placing CEO on paid leave amid internal investigation
- Frontier Communications (FYBR) says third party had gained unauthorized access to portions of its information technology environment
- Ibotta (IBTA) Prices 6.56M Share IPO at $88/sh
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
- Midday movers: Tesla, Blackstone, Las Vegas Sands fall; DR Horton rises
- After-hours movers: Alcoa rises; Equifax and Las Vegas Sands fall
- Midday movers: Travelers, JB Hunt fall; United Airlines rises
Shutterstock Reports Third Quarter 2016 Financial Results
November 4, 2016 7:02 AM EDTNEW YORK, Nov. 4, 2016 /PRNewswire/ --
Third Quarter 2016 highlights as compared to Third Quarter 2015:Â
Financial Highlights
Revenue increased 15% to $123.1 million Income from operations increased 40% to $11.3 million Net income increased 129% to $9.4 million Adjusted EBITDA increased 17% to $23.0 millionKey Operating Metrics     Â
Paid downloads increased 8% Revenue per download increased 5% Image collection expanded 61% to 102.7 million images Video collection expanded 64% to 5.4 million clipsÂ
Shutterstock, Inc. (NYSE:... More
