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

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Shutterstock Reports Second Quarter 2016 Financial Results

August 4, 2016 7:01 AM EDT

NEW YORK, Aug. 4, 2016 /PRNewswire/ --

Second Quarter 2016 Highlights:

Revenue increased 19% to $124.4 million Income from operations increased 8% to $10.5 million Adjusted EBITDA increased 9% to $22.5 million Repurchased an additional $16.3 million of stock Paid downloads increased 21% Image collection expanded 61% to 92.1 million images and video collection expanded 69% to 4.9 million clips

 

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