Shutterfly (SFLY) Reports Q2 Loss per Share of 80c

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Shutterfly Announces Second Quarter 2018 Financial Results

August 7, 2018 4:02 PM EDT

REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Shutterfly, Inc. (NASDAQ: SFLY), the leading online retailer and manufacturer of high-quality personalized products and services, today announced financial results for the second quarter ended June 30, 2018.

With the closing of the Lifetouch acquisition, the second quarter of 2018 marks the beginning of a new stage of Shutterfly's growth, said Christopher North, President and Chief Executive Officer of Shutterfly. Shutterfly now comprises three divisions: Shutterfly Consumer, Lifetouch, and Shutterfly Business Solutions. All three are large, profitable businesses that are the leaders in their respective industries, and all three have significant... More