Shutterstock Reports Third Quarter 2017 Financial Results

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Go back to Shutterstock Reports Third Quarter 2017 Financial Results

Shutterstock (SSTK) PT Raised to $34 at Jefferies; Reiterates Underperform

November 1, 2017 8:40 AM EDT

Jefferies raised its price target on Shutterstock (NYSE: SSTK) to $34.00 (from $30.00) while maintaining a Underperform rating. SSTK saw rev growth accelerate in 3Q to its highest levels since 3Q16. Strength is driven by an increase in both paid downloads and rev per download. After 3... More

Shutterstock (SSTK) Tops Q3 EPS by 4c

October 31, 2017 7:02 AM EDT

Shutterstock (NYSE: SSTK) reported Q3 EPS of $0.31, $0.04 better than the analyst estimate of $0.27. Revenue for the quarter came in at $141.1 million versus the consensus estimate of $133.17 million.

For earnings history and earnings-related data on Shutterstock (SSTK) click here.

... More