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.

Shutterstock, Inc. (SSTK) CEO Stan Pavlovsky on Q2 2021 Results - Earnings Call Transcript

Shutterstock (SSTK) delivered earnings and revenue surprises of 25.93% and 4.66%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Shutterstock (SSTK) Beats Q2 Earnings and Revenue Estimates

Shares of Shutterstock (NYSE:SSTK) were unchanged after the company reported Q2 results. Quarterly Results Earnings per share were up 64.52% over the past year to $1.02, which beat the estimate of $0.70.

Recap: Shutterstock Q2 Earnings

NEW YORK, July 27, 2021 /PRNewswire/ -- Shutterstock, Inc . (NYSE: SSTK ), a leading global creative platform offering full-service solutions, high-quality content, and tools for brands, businesses and media companies, today announced the launch of Shutterstock.AI, a newly formed subsidiary with insights and data at the heart of its mission.

Shutterstock Announces Formation Of Shutterstock.AI And The Acquisition Of Three Leading Artificial Intelligence Platforms

NEW YORK, July 27, 2021 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK) (the "Company"), a leading global creative platform offering full-service solutions, high-quality content, and tools for brands, businesses and media companies, today announced financial results for the second quarter ended June 30, 2021. Commenting on the Company's performance, Stan Pavlovsky, the Company's Chief Executive Officer, said, "Revenue growth accelerated in the second quarter supported by robust demand across revenue channels, content types and product offerings.

Shutterstock Reports Second Quarter 2021 Financial Results

Shutterstock, Inc. (NYSE:SSTK) is a global provider of stock photography, footage, music, and editing tools.

Analyst-Backed Media Giant Could Be Eyeing Another Earnings Beat

Shutterstock (SSTK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Shutterstock (SSTK) Reports Next Week: Wall Street Expects Earnings Growth

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Q.ai runs daily factor models to get the most up-to-date reading on stocks and ETFs. This time, our deep-learning algorithms have identified several U.S. small and mid cap stocks.

AI Identifies Portland General Electric Company Among U.S. Small And Mid Cap Stocks

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

NEW YORK, July 13, 2021 /PRNewswire/ --  Shutterstock, Inc . (NYSE: SSTK) a leading global creative platform offering full-service solutions, high-quality content, and tools for brands, businesses and media companies, today announced a partnership with the It Gets Better Project, a nonprofit organization with a mission to uplift, empower, and connect lesbian, gay, bisexual, transgender, and queer youth around the globe.

Shutterstock Launches Global Grant In Partnership With The It Gets Better Project To Empower And Authentically Portray LGBTQ+ Communities

With its stock surging, the creative content platform operator needs to post strong second-quarter earnings to keep its stock moving upward.

Shutterstock Earnings: What to Watch on July 27

NEW YORK, June 29, 2021 /PRNewswire/ --  Shutterstock, Inc. (NYSE: SSTK), a leading global creative platform offering full-service solutions, high-quality content, and tools for brands, businesses and media companies, will report its second quarter 2021 business and financial results on Tuesday, July 27, 2021 before the market opens. The company will host a conference call at 8:30 a.m.

Shutterstock To Report Second Quarter 2021 Earnings Results on July 27, 2021

Meredith

NEW YORK, June 22, 2021 /PRNewswire/ -- Shutterstock, Inc . (NYSE: SSTK), a leading global creative platform offering full-service solutions, high-quality content, and tools for brands, businesses and media companies, today announced an exclusive editorial partnership with leading media company Meredith Corporation (NYSE: MDP) to exclusively represent the iconic LIFE Picture Collection , one of the most significant photographic archives in the world, featuring over 800,000 of the most recognizable photos, magazine covers and historical moments chronicling the 20th century.

Shutterstock Editorial And The Vault Partner With Meredith Corporation For Exclusive Rights To The LIFE Picture Collection

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For this week's thematic stocks, Q.ai has assessed U.S. small to midcap stocks. While not the biggest fish in the sea by market cap, stocks like Shutterstock have room to grow.

Shutterstock Identified Among US Small To Midcap Stocks This Week

NEW YORK, June 3, 2021 /PRNewswire/ --  Shutterstock, Inc. (NYSE: SSTK), a leading global creative platform offering full-service solutions, high-quality content, and tools for brands, businesses and media companies, today announced a strategic alliance with Wochit, a complete enterprise-grade solution for video creation in the cloud. Shutterstock and Wochit will share technology and expertise to power enterprise video creation, unlocking new opportunities to help organizations produce authentic, compelling video content.

Shutterstock and Wochit Partner to Power Enterprise Video Creation

NEW YORK, May 13, 2021 /PRNewswire/ --  Shutterstock, Inc . (NYSE: SSTK), a leading global creative platform offering full-service solutions, high-quality content, and tools for brands, businesses and media companies, today announced the launch of The Newsroom, the go-to resource for global breaking news, exclusives, and archival content that will transcend traditional newsrooms.

Shutterstock Launches The Newsroom For 24/7 Access To Breaking News And Exclusive Content In Real-Time

NEW YORK, May 4, 2021 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK), a leading global creative platform offering full-service solutions, high-quality content, and tools for brands, businesses and media companies, together with A+E Networks®, a global multi-platform content company, today announced an exclusive editorial archival footage partnership to represent The A+E Networks ®  Archive, featuring some of the most popular and culturally-relevant brands in media, including The HISTORY® Channel, A&E®, Lifetime®, and more. The A+E Networks Footage Archive provides unparalleled access to an unrivaled key collection.

Shutterstock Editorial Partners With A+E Networks® for Distribution of The A+E Networks® Footage Archive

Revenue growth seems to have reached a level of consistency - enough to allow for a guidance raise. Top-line growth in such companies inevitably leads to a much larger expansion in bottom-line metrics.

Shutterstock: Revenue Growth Leading To Explosive Profitability

Shutterstock, Inc. (SSTK) CEO Stan Pavlovsky on Q1 2021 Results - Earnings Call Transcript

Shutterstock (SSTK) delivered earnings and revenue surprises of 40.00% and 5.57%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Shutterstock (SSTK) Beats Q1 Earnings and Revenue Estimates

Shares of Shutterstock (NYSE:SSTK) decreased 0.8% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 276.92% over the past year to $0.98, which beat the estimate of $0.70.

Recap: Shutterstock Q1 Earnings

NEW YORK, April 27, 2021 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK) (the "Company"), a leading global creative platform offering full-service solutions, high-quality content, and tools for brands, businesses and media companies, today announced financial results for the first quarter ended March 31, 2021. Commenting on the Company's performance, Stan Pavlovsky, the Company's Chief Executive Officer, said, "Shutterstock's strong first quarter results demonstrate that our subscription products are resonating in the market.

Shutterstock Reports First Quarter 2021 Financial Results

NEW YORK, April 22, 2021 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK ), a leading global creative platform offering full-service solutions, high-quality content, and tools for brands, businesses and media companies, today announced an API integration with Google Drive for Enterprise, a cloud-based file storage solution for businesses.   Through this integration, Shutterstock's Enterprise customers can automatically sync previously licensed and newly licensed Shutterstock creative images directly with Google Drive for Enterprise.

Shutterstock Integrates with Google Drive™ for Enterprise, Unlocking Direct Access to High-Quality Images Across Google Workspace

NEW YORK, April 14, 2021 /PRNewswire/ --  Shutterstock, Inc . (NYSE: SSTK), a leading global creative platform offering full-service solutions, high-quality content, and tools for brands, businesses and media companies, today announced the launch of Shutterstock FLEX Subscriptions , an all inclusive, royalty-free plan that will revolutionize the way businesses create content.

News for Shutterstock Stock (SSTK)