Shutterfly Announces Second Quarter 2016 Financial Results

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Go back to Shutterfly Announces Second Quarter 2016 Financial Results

Needham & Company Raises Price Target on Shutterfly (SFLY) Following 2Q Results and Guidance

July 28, 2016 7:10 AM EDT

Needham & Company reiterated a Buy rating on Shutterfly Inc. (NASDAQ: SFLY), and raised the price target to $56.00 (from $55.00), following the company's 2Q earnings report. SFLY reported revenue at $204.0M, above guidance of $195-202M and above expectations of $200.3M. Management guided 3Q revenue in the range of... More

Shutterfly (SFLY) Tops Q2 EPS by 17c; Guides In-Line

July 27, 2016 4:05 PM EDT

Shutterfly (NASDAQ: SFLY) reported Q2 EPS of ($0.48), $0.17 better than the analyst estimate of ($0.65). Revenue for the quarter came in at $204 million versus the consensus estimate of $200.7 million.

GUIDANCE:

Shutterfly sees Q3 2016 EPS of ($0.90)-($0.97), versus the consensus of ($0.98). Shutterfly sees Q3 2016... More