Shutterstock Reports Second Quarter 2016 Financial Results

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Go back to Shutterstock Reports Second Quarter 2016 Financial Results

Cantor Fitzgerald Downgrades Shutterstock (SSTK) to Hold

August 4, 2016 11:25 AM EDT

Cantor Fitzgerald downgraded Shutterstock (NYSE: SSTK) from Buy to Hold.

For an analyst ratings summary and ratings history on Shutterstock click here. For more ratings news on Shutterstock click here.

Shares of Shutterstock closed at $57.51 yesterday.

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Shutterstock (SSTK) Tops Q2 EPS by 5c; Guides FY Revs In-Line

August 4, 2016 7:06 AM EDT

Shutterstock (NYSE: SSTK) reported Q2 EPS of $0.36, $0.05 better than the analyst estimate of $0.31. Revenue for the quarter came in at $124.4 million versus the consensus estimate of $124.29 million.

Founder and CEO Jon Oringer said "Shutterstock's strong second quarter growth once again... More