Shutterfly revenue rises 28 pct on demand for photo printing

Wed May 1, 2013 4:10pm EDT

May 1 (Reuters) - Shutterfly Inc, an online photo-sharing service, reported a 28 percent rise in quarterly revenue, thanks to rising demand for photo printing.

The net loss widened to $12.4 million, or 33 cents per share, in the first quarter from $10 million, or 29 cents per share, a year earlier.

Revenue increased to $116.7 million.