Shutterstock (NYSE: SSTK) reported Q2 EPS of $1.02, $0.32 better than the analyst estimate of $0.70. Revenue for the quarter came in at $189.9 million versus the consensus estimate of $179.45 million.

Commenting on the Company's performance, Stan Pavlovsky, the Company's Chief Executive Officer, said, "Revenue growth accelerated in the second quarter supported by robust demand across revenue channels, content types and product offerings. Our subscription offerings are resonating strongly in the market and we are encouraged by the execution in our enterprise revenue channel.

"I am also excited to launch Shutterstock.AI and welcome Pattern89, Datasine and Shotzr to Shutterstock. The acquisition of these leading artificial intelligence platforms will power our predictive performance capabilities to help creatives and customers accomplish their goals by making more data-informed content decisions."

For earnings history and earnings-related data on Shutterstock (SSTK) click here.