Shutterstock

Shutterstock, Inc. engages in the operation of a marketplace for licensed content. The firm licenses images, video, music, editorial assets, and custom content tailored to a brand's needs. The company was founded by Jonathan Oringer in 2003 and is headquartered in New York, NY.

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Shutterstock reports record earnings, eyes AI growth amid subscriber decline

Shutterstock's Q4 2022 performance showcased record EBITDA and revenue growth, despite subscriber decline in Europe. The company's strengths in AI applications and enterprise success position it well for future growth. Challenges include e-commerce weakness and cautious outlook on subscriber growth.

Shutterstock beats Q1 revenue expectations, eyes growth through partnerships

Shutterstock's Q1 2023 performance exceeded expectations, driven by strong enterprise sales and subscription growth.
While facing challenges in ecommerce sales and certain business segments, the company is focused on strategic partnerships and AI utilization.
Opportunities lie in revenue growth targets, data partnerships, and AI tool enhancements to drive future success for Shutterstock.

Shutterstock reports strong Q2 performance, raises 2023 guidance

Shutterstock's Q2 success driven by AI partnerships and revenue growth, with a focus on data engine and tech collaborations.
Despite challenges like muted revenue growth, the company's strategic strengths and opportunities position it for future growth.
Raised guidance for 2023 revenue and adjusted EBITDA underscores Shutterstock's financial resilience and growth potential.
Balancing challenges with opportunities, Shutterstock aims to optimize performance and capitalize on strategic initiatives for sustained growth.

Shutterstock reports record Q3 revenues, eyes growth in Getty and data segments

Shutterstock's Q3 performance reflects strong financial results, diversified revenue streams, and operational efficiency, setting the stage for accelerated growth in Q4.
Strategic initiatives to drive e-commerce recovery, capitalize on Getty and data segments, and focus on profitability position the company for sustainable expansion and profitability.
While facing challenges in revenue stability and content expansion, Shutterstock can capitalize on opportunities in customer-centric offerings, TAM expansion, and cross-selling to drive future growth.

Shutterstock achieves record earnings, eyes cloud expansion for growth

Shutterstock delivered strong financial performance in Q4 2023, with a focus on diversifying content types and expanding into cloud ecosystems. While facing challenges in the E-commerce channel, the company is strategically positioned for growth with a clear roadmap outlined in the Shutterstock 2027 framework. Opportunities in data distribution and pricing models provide avenues for future revenue growth.

Shutterstock beats Q1 expectations, raises guidance on Envato acquisition

Shutterstock's Q1 2024 performance exceeded expectations, driven by strong data distribution, content business trends, and the Envato acquisition. The company raised its 2024 guidance, reflecting confidence in future growth and expansion.

Shutterstock reports Q2 revenue growth and tech advancements

Shutterstock's Q2 performance showed revenue growth, strong margins, and notable advancements in technology and strategic partnerships.
While facing challenges in content revenue decline, the company is poised to capitalize on opportunities from recent acquisitions and business segments.
Guidance raise for revenue growth and maintained adjusted net income per diluted share indicate a positive outlook with a focus on innovation and expansion.

Shutterstock reports record Q3 earnings, eyes growth through acquisitions

Shutterstock's Q3 performance reflects strong revenue growth, driven by strategic acquisitions and robust business segment performance.
Despite operational challenges and leadership transitions, the company's financial strength, raised guidance, and focus on long-term goals position it well for future success.
Opportunities lie in leveraging acquisitions, expanding partnerships, and capitalizing on emerging trends to drive continued growth and market relevance.
Overall, Shutterstock's proactive approach to growth and financial stability bodes well for its competitive positioning and value creation for shareholders.

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Shutterstock, Inc. engages in the provision of a global creative platform. The company offers data, distribution, and services. Its contents include images, footage, music, three dimensional (3D) models, and generative artificial intelligence. The company was founded by Jonathan Evan Oringer in 2003 and is headquartered in New York, NY.

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Shutterstock (SSTK) Q1 2023 Earnings Call Transcript.

Shutterstock (SSTK) Q1 2023 Earnings Call Transcript

Shutterstock (SSTK) came out with quarterly earnings of $1.29 per share, beating the Zacks Consensus Estimate of $1.05 per share. This compares to earnings of $1 per share a year ago.

Shutterstock (SSTK) Surpasses Q1 Earnings and Revenue Estimates

NEW YORK , April 25, 2023 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK) (the "Company"), a premier partner for transformative brands, newsrooms and media companies, today announced financial results for the first quarter ended March 31, 2023. Commenting on the Company's performance, Paul Hennessy, the Company's Chief Executive Officer, said, "We are pleased to report an exceptional quarter for Shutterstock.

Shutterstock Reports First Quarter 2023 Financial Results

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WB or SSTK: Which Is the Better Value Stock Right Now?

NEW YORK , April 6, 2023 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK), a leading global creative platform offering full-service creative workflow solutions and high-quality content for transformative brands, newsrooms and media companies, will report its first quarter 2023 business and financial results on Tuesday, April 25, 2023 before the market opens. The company will host a conference call at 8:30 a.m.

Shutterstock To Report First Quarter 2023 Earnings Results on April 25, 2023

NVIDIA

Shutterstock and Nvidia announced a new 3D generative AI service. Shutterstock is no unprofitable AI software startup, so paying attention to what the company is working on could pay off for investors.

Nvidia and Shutterstock Announce New 3D Artist Tools -- Is Tiny Shutterstock Stock a Buy?

Customized Shutterstock content trained with NVIDIA Picasso generative AI cloud service to use text prompts to rapidly generate 3D content for industrial digital twins, entertainment and gaming NEW YORK , March 21, 2023 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK), a leading global creative platform for transformative brands and media companies, today announced it is partnering with NVIDIA to train custom 3D models to create generative 3D assets from simple text prompts. Through a first of its kind collaboration, 3D models will be trained with Shutterstock assets using NVIDIA Picasso generative AI cloud services to convert text into high-fidelity 3D content, reducing creation time from hours to minutes.

Shutterstock Teams With NVIDIA to Build AI Foundation Models for Generative 3D Artist Tools

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Shutterstock has rallied over 60% in the past few months. Revenue growth has been underwhelming and the latest guidance suggests a further slowdown.

Shutterstock: Betting On 3D Models And AI

Shutterstock, Inc. has seen continued growth since the pandemic, and has regained structural profitability. This is to be applauded, as Shutterstock shares have seen a meaningful pullback from 2021 highs.

Shutterstock: A Prettier Image

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TME vs. SSTK: Which Stock Is the Better Value Option?

TME vs. SSTK: Which Stock Should Value Investors Buy Now?

Shutterstock, Inc. (NYSE:SSTK ) Q4 2022 Earnings Conference Call February 9, 2023 8:30 AM ET Company Participants Chris Suh - VP, IR and Corporate Development Paul Hennessy - CEO Jarrod Yahes - CFO Conference Call Participants Andrew Boone - JMP Securities Bernie McTernan - Needham & Company Youssef Squali - Truist Lauren Schenk - Morgan Stanley Nat Schindler - Bank of America Nick Deflas - Red Burn Operator Good day and thank you for standing by. Welcome to the Shutterstock Inc. Fourth Quarter Earnings Conference Call.

Shutterstock, Inc. (SSTK) Q4 2022 Earnings Call Transcript

Shutterstock (SSTK) delivered earnings and revenue surprises of 7.14% and 6.28%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Shutterstock (SSTK) Surpasses Q4 Earnings and Revenue Estimates

NEW YORK , Feb. 9, 2023 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK) (the "Company"), a global creative platform for transformative brands and media companies, today announced financial results for the fourth quarter and full year ended December 31, 2022. Commenting on the Company's performance, Paul Hennessy, the Company's Chief Executive Officer, said, "I am delighted to report that Shutterstock achieved record revenues and EBITDA in the fourth quarter.

Shutterstock Reports Fourth Quarter and Full Year 2022 Financial Results

NEW YORK , Feb. 2, 2023 /PRNewswire/ -- Shutterstock (NYSE: SSTK), the leading creative platform for transformative brands and media companies globally, will host its Investor Day on Tuesday, February 28, 2023, beginning at 9:30 a.m. ET. The main presentation, including a Q&A session, will end at approximately 12:00 p.m.

Shutterstock to Host Investor Day on February 28, 2023 in Extended Reality from its Global Headquarters at the Empire State Building

TME or SSTK: Which Is the Better Value Stock Right Now?

Shutterstock Inc. SSTK, +3.88% said Tuesday its board has agreed to raise its quarterly dividend by 13% to 27 cents a share. The new dividend will be payable March 15 to shareholders of record as of March 2.

Shutterstock raises quarterly dividend by 13% to 27 cents a share

NEW YORK , Jan. 31, 2023 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK) (the "Company"), the end-to-end creative partner that supercharges storytelling with creative and technological innovation, today announced that its Board of Directors has declared a cash dividend of $0.27 per share of outstanding common stock on January 30, 2023, payable on March 16, 2023, to stockholders of record at the close of business on March 2, 2023. This represents an increase of approximately 13% over the previous quarterly dividend of $0.24 per share of outstanding common stock.

Shutterstock Increases Quarterly Dividend by 13% to $0.27 per share

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Hey, party people, it's Kyle, continuing to step in for Greg to write Week in Review as he spends time with his newborn. Dunno about y'all, but it's been a week.

Stripe eyes an exit, Dell bets on the cloud, and Shutterstock embraces generative AI

The company is putting itself on the right side of a powerful trend.

This Market-Beating Stock Is Embracing the AI-Generated Content Trend (and No, It's Not Microsoft)

When Shutterstock and OpenAI announced a partnership to help develop OpenAI's Dall-E 2 artificial intelligence image-generating platform with Shutterstock libraries to train and feed the algorithm, the stock photo and media giant also hinted that it would soon be bringing its own generative AI tools to users.

After inking its OpenAI deal, Shutterstock rolls out a generative AI toolkit to create images based on text prompts

Our AI image generator allows anyone to create high-quality visuals by simply describing what they're looking for — worry-free, one-of-a-kind, and ready in seconds  NEW YORK , Jan. 25, 2023 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK), the world's leading creative platform for transformative brands and media companies, today announced the launch of its AI image generation platform , available to use by all Shutterstock customers globally in every language the site offers. The text-to-image technology converts prompts into larger-than-life, ethically created visuals ready for licensing.

News for Shutterstock Stock (SSTK)