Shutterstock (SSTK) Tops Q1 EPS by 1c; Issues Light Q2 Revenue Outlook

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Shutterstock Reports First Quarter 2015 Financial Results

May 7, 2015 7:02 AM EDT

NEW YORK, May 7, 2015 /PRNewswire/ --  

First Quarter 2015 Highlights:

Revenue increased 34% to $97.5 million Adjusted EBITDA increased 33% to $18.7 million, a 19% margin Non-GAAP Net Income per Diluted Share increased 25% to $0.25 Revenue per download increased 17% and paid downloads increased 12%   Image collection expanded 46% to 51.6 million images and 2.6 million video clips

Shutterstock, Inc. (NYSE: SSTK), a leading global provider of commercial imagery and music, today announced financial results for the first quarter ended March 31, 2015.  

"Shutterstock's sustained operating momentum once again... More