Jefferies Raises Price Target Following Shutterstock's (SSTK) Strong Quarter - Reiterates Hold

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Go back to Jefferies Raises Price Target Following Shutterstock's (SSTK) Strong Quarter - Reiterates Hold

Shutterstock Reports Fourth Quarter And Full Year 2015 Financial Results

February 24, 2016 7:02 AM EST

NEW YORK, Feb. 24, 2016 /PRNewswire/ --

Full Year 2015 Highlights:

Revenue increased 30% to $425.1 million Adjusted EBITDA increased 19% to $84.7 million Non-GAAP Net Income per diluted share increased 14% to $1.22 Repurchased $15.6 million of stock in the fourth quarter Paid downloads increased 17% and revenue per download increased 10% Image collection expanded 53% to 71.4 million images and video collection expanded 61% to 3.7 million video clips Acquired PremiumBeat and Rex Features in January 2015

Shutterstock, Inc. (NYSE: SSTK), a leading global provider of commercial imagery and music, today... More

Shutterstock to Present at Upcoming Investor Conferences

February 23, 2016 9:32 AM EST

NEW YORK, Feb. 23, 2016 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK), a leading global provider of digital imagery and music, announced today that Steven Berns, Shutterstock's Chief Financial Officer, will present at the following upcoming conferences:

Cantor Fitzgerald 3rd Annual Internet and Technology Conference to be held at the Parker Meridien Hotel in New York City on Thursday, February 25th at... More