Edition:
United States

Shutterfly Inc (SFLY.O)

SFLY.O on Nasdaq

48.19USD
1:00pm EDT
Change (% chg)

$-0.54 (-1.11%)
Prev Close
$48.73
Open
$48.81
Day's High
$48.87
Day's Low
$48.16
Volume
80,687
Avg. Vol
475,083
52-wk High
$53.99
52-wk Low
$41.91

Latest Key Developments (Source: Significant Developments)

Shutterfly announces issuance of $300 mln delayed draw term loan B
Thursday, 17 Aug 2017 04:01pm EDT 

Aug 17 (Reuters) - Shutterfly Inc ::Shutterfly announces issuance of $300M delayed draw term loan B and outlines capital structure strategy.Shutterfly Inc - ‍term loan carries a margin of libor + 250 basis points and was issued at a discount to par of 50 basis points​.Shutterfly Inc - ‍term loan has a maturity of seven years​.Shutterfly Inc - ‍refinancing of company's may 2018 debt maturity is part of Shutterfly's overall capital structure strategy​.Shutterfly Inc - ‍company currently anticipates repurchasing approximately $60.0 million of shares over second half of 2017​.Shutterfly Inc - ‍simultaneous with pricing of term loan, company raised a new $200M senior secured revolving credit facility​.  Full Article

HP Indigo named a Shutterfly preferred digital press provider
Wednesday, 16 Aug 2017 08:00am EDT 

Aug 16 (Reuters) - HP Inc :HP Inc - HP Indigo named a Shutterfly preferred digital press provider.HP Inc - Shutterfly installs additional HP Indigo 12000 digital presses for largest customer deal to date.  Full Article

Shutterfly Q2 loss per share $0.68
Tuesday, 25 Jul 2017 04:02pm EDT 

July 25 (Reuters) - Shutterfly Inc :Shutterfly announces second quarter 2017 financial results.Q2 loss per share $0.68.Q2 revenue $209 million versus i/b/e/s view $209.4 million.Q2 earnings per share view $-0.55 -- Thomson Reuters I/B/E/S.Sees Q3 2017 loss per share $0.76 to $0.80.Sees FY 2017 earnings per share $0.45 to $0.80.Sees Q3 2017 revenue $187 million to $193 million.Shutterfly inc sees ‍full year 2017 net income per share to range from $0.45 to $0.80​.Shutterfly inc sees ‍full year 2017 capital expenditures to be approximately $75.0 million​.Shutterfly inc sees ‍Q3 gross profit margin to range from 35.0% to 35.5% of net revenues​.Shutterfly inc sees ‍full year gross profit margin to range from 49.0% to 50.0% of net revenues​.Q3 earnings per share view $-0.78, revenue view $194.2 million -- Thomson Reuters I/B/E/S.FY 2017 earnings per share view $0.56, revenue view $1.16 billion -- Thomson Reuters I/B/E/S.  Full Article

Shutterfly reports Q1 loss per share $0.98
Tuesday, 25 Apr 2017 04:02pm EDT 

April 25 (Reuters) - Shutterfly Inc :Shutterfly announces first quarter 2017 financial results.Sees FY 2017 earnings per share $0.45 to $0.80.Sees Q2 2017 loss per share $0.50 to $0.55.Sees Q2 2017 revenue $205 million to $212 million.Q1 loss per share $0.98.Q1 revenue $192 million versus I/B/E/S view $187.4 million.Q1 earnings per share view $-0.99 -- Thomson Reuters I/B/E/S.Sees 2017 net revenues to range from $1.135 billion to $1.165 billion.FY2017 earnings per share view $0.57, revenue view $1.15 billion -- Thomson Reuters I/B/E/S.Q2 earnings per share view $-0.49, revenue view $209.8 million -- Thomson Reuters I/B/E/S.Excluding $5.0 million of after tax restructuring charges, qtrly net loss was $0.84 per share.  Full Article

Shutterfly board approves additional $140 mln for share repurchase program
Tuesday, 18 Apr 2017 04:01pm EDT 

April 18 (Reuters) - Shutterfly Inc :Shutterfly board authorizes additional $140.0 million for share repurchase program.Shutterfly Inc- board approved an increase of $140.0 million to its ongoing share repurchase program, bringing total authorized amount to $202.8 million.  Full Article

Shutterfly CEO Christopher North's FY 2016 total compensation was $21.5 mln
Friday, 14 Apr 2017 09:56am EDT 

Shutterfly Inc :Shutterfly inc - CEO Christopher North's fy 2016 total compensation was $21.5 million including $7.2 million of stock awards and $11.5 million of option awards.  Full Article

Shutterfly Inc names Will Lansing chairman of the board
Wednesday, 22 Feb 2017 04:01pm EST 

Shutterfly Inc : Shutterfly Inc names Will Lansing chairman of the board .Shutterfly Inc says Brian Swette, who served as interim chairman for past eight months, will remain on board as chair of governance committee.  Full Article

Shutterfly Q4 EPS $2.63
Wednesday, 1 Feb 2017 04:05pm EST 

Shutterfly Inc : Shutterfly announces fourth quarter and full year 2016 financial results . Q4 earnings per share $2.63 . Q4 revenue $561.2 million versus I/B/E/S view $583.8 million . Q4 earnings per share view $2.84 -- Thomson Reuters I/B/E/S . Sees Q1 2017 loss per share $0.95 to $1.00 . Sees FY 2017 earnings per share $0.45 to $0.80 . Sees Q1 2017 revenue $185 million to $190 million . Sees FY 2017 revenue $1.135 billion to $1.165 billion . Shutterfly Inc - expects to incur restructuring charges over course of 2017 ranging from $15 million to $20 million . Shutterfly Inc - going forward, shutterfly will invest in a single consumer platform . Sees 2017 capital expenditures to be approximately $75.0 million. . Shutterfly - "no restructuring charges are expected in 2018" . Q1 earnings per share view $-0.84, revenue view $199.4 million -- Thomson Reuters I/B/E/S . Fy2017 earnings per share view $1.19, revenue view $1.27 billion -- Thomson Reuters I/B/E/S . Shutterfly Inc - shutterfly is "re-investing in tiny prints as its premium cards & stationery brand" . Shutterfly Inc - headcount will be reduced by approximately 13 pct 260 employees . Shutterfly - Santa Clara-based teams will be consolidated into redwood city corporate headquarters . Shutterfly - Santa Clara office and both new york locations will be closed . Shutterfly - three businesses, trippix and favepix, as well as shutterfly pro gallery service will be shut down.  Full Article

Shutterfly Inc says Philip Marineau to resign from board
Friday, 17 Jun 2016 09:00am EDT 

Shutterfly Inc : Says company has retained Spencer Stuart to manage search process for filling open board seats including chairmanship .Shutterfly, inc. announces resignation of Philip Marineau from board of directors.  Full Article

Shutterfly amended and restated secured revolving credit facility on June 10
Wednesday, 15 Jun 2016 04:30pm EDT 

Shutterfly Inc : Shutterfly Inc says on June 10, 2016, co amended and restated its secured revolving credit facility . Amended and restated credit agreement provides a $200 million secured revolving credit facility - SEC filing . Shutterfly Inc says company may request the lenders to increase the facility by $100 million Source: (http://1.usa.gov/1rqCT2Z ) Further company coverage: [SFLY.O] (Bengaluru Newsroom: +1 646 223 8780).  Full Article

BRIEF-Shutterfly announces issuance of $300 mln delayed draw term loan B

* Shutterfly announces issuance of $300M delayed draw term loan B and outlines capital structure strategy