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Shutterstock Inc (SSTK.N)

SSTK.N on New York Stock Exchange

52.50USD
21 Sep 2018
Change (% chg)

$-0.04 (-0.08%)
Prev Close
$52.54
Open
$52.60
Day's High
$52.94
Day's Low
$52.48
Volume
417,649
Avg. Vol
68,847
52-wk High
$55.76
52-wk Low
$32.53

Latest Key Developments (Source: Significant Developments)

Shutterstock Q1 Earnings Per Share $0.92
Thursday, 26 Apr 2018 07:02am EDT 

April 26 (Reuters) - Shutterstock Inc ::SHUTTERSTOCK REPORTS FIRST QUARTER 2018 FINANCIAL RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $0.30.Q1 EARNINGS PER SHARE $0.92.Q1 REVENUE $153 MILLION VERSUS I/B/E/S VIEW $150.1 MILLION.Q1 EARNINGS PER SHARE VIEW $0.34 -- THOMSON REUTERS I/B/E/S.QTRLY PAID DOWNLOADS INCREASED 0.5% TO 43.7 MILLION.EXPECTATIONS FOR 2018, EXCLUDING CONTRIBUTION OF WEBDAM, REMAIN UNCHANGED.  Full Article

Shutterstock Announces Investment In ZCool
Thursday, 22 Feb 2018 07:10am EST 

Feb 22 (Reuters) - Shutterstock Inc ::SHUTTERSTOCK ANNOUNCES INVESTMENT IN ZCOOL.SHUTTERSTOCK INC - ‍$15 MILLION INVESTMENT IN ZCOOL; HAS ALSO APPOINTED A DIRECTOR TO ZCOOL'S BOARD OF DIRECTORS​.  Full Article

Shutterstock Q4 Earnings Per Share $0.06
Thursday, 22 Feb 2018 07:02am EST 

Feb 22 (Reuters) - Shutterstock Inc ::SHUTTERSTOCK REPORTS FOURTH QUARTER AND FULL YEAR 2017 FINANCIAL RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.30.Q4 EARNINGS PER SHARE $0.06.Q4 REVENUE ROSE 16.6 PERCENT TO $151.8 MILLION.Q4 EARNINGS PER SHARE VIEW $0.34, REVENUE VIEW $143.8 MILLION -- THOMSON REUTERS I/B/E/S.SEES 2018 REVENUE $625 MILLION - $635 MILLION, EXCLUDING CONTRIBUTION OF WEBDAM.SHUTTERSTOCK SEES 2018 ADJUSTED EBITDA OF $105 - $110 MILLION, EXCLUDING CONTRIBUTION OF WEBDAM.FY2018 REVENUE VIEW $609.2 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Shutterstock Enters Into Asset Purchase Agreement
Friday, 16 Feb 2018 07:14am EST 

Feb 16 (Reuters) - Shutterstock Inc ::SHUTTERSTOCK INC SAYS ON FEB 15, 2018, CO ENTERED INTO ASSET PURCHASE AGREEMENT - SEC FILING.SHUTTERSTOCK INC - PURSUANT TO AGREEMENT, CO WILL SELL CERTAIN ASSETS TO BYNDER LLC, FOR ABOUT $49.1 MILLION, PAYABLE IN CASH.  Full Article

Shutterstock reports Q3 earnings per share of $0.14
Tuesday, 31 Oct 2017 07:02am EDT 

Oct 31 (Reuters) - Shutterstock Inc :Shutterstock reports third quarter 2017 financial results.Q3 earnings per share $0.14.Q3 revenue $141.1 million versus I/B/E/S view $133.2 million.Q3 earnings per share view $0.27 -- Thomson Reuters I/B/E/S.Sees FY 2017 revenue $535 million to $545 million.Shutterstock Inc sees ‍full year adjusted EBITDA of $85 - $95 million​.Shutterstock Inc - ‍believe full-year 2017 is "trending toward high end of our annual revenue guidance range​".Shutterstock Inc - ‍expects capital expenditures for full year 2017 to be approximately $55 million​.FY2017 revenue view $537.8 million -- Thomson Reuters I/B/E/S.  Full Article

Shutterstock enhances plugin to enable further integration with Adobe Creative Cloud
Tuesday, 19 Sep 2017 09:00am EDT 

Sept 19 (Reuters) - Shutterstock Inc :Shutterstock enhances plugin to enable further integration with Adobe Creative Cloud.Shutterstock Inc - has updated its custom-built plugins to be more fully integrated with Adobe's Creative Cloud​.  Full Article

Shutterstock Inc Q2 earnings per share $0.09
Wednesday, 2 Aug 2017 07:02am EDT 

Aug 2 (Reuters) - Shutterstock Inc :Shutterstock reports second quarter 2017 financial results.Q2 earnings per share $0.09.Q2 revenue $134 million versus I/B/E/S view $137.8 million.Q2 earnings per share view $0.36 -- Thomson Reuters I/B/E/S.Q2 adjusted earnings per share $0.24.Sees FY 2017 revenue $535 million to $545 million.Shutterstock Inc sees ‍full year adjusted EBITDA of $85-$95 million​.Shutterstock Inc - ‍revising our financial guidance for 2017​.Shutterstock Inc - sees ‍capital expenditures of approximately $45 million, including capitalized labor of approximately $20 million for 2017​.FY2017 revenue view $552.5 million -- Thomson Reuters I/B/E/S.  Full Article

Shutterstock to buy Flashstock Technology for about $50 mln
Tuesday, 27 Jun 2017 04:41pm EDT 

June 27 (Reuters) - Shutterstock Inc ::Shutterstock Inc - has signed a definitive agreement to acquire Flashstock Technology Inc for approximately $50 million cash.Shutterstock Inc - acquisition will be funded through existing cash on hand - SEC filing.  Full Article

Shutterstock Q4 earnings per share $0.27
Monday, 27 Feb 2017 07:01am EST 

Shutterstock Inc : Shutterstock reports fourth quarter and full year 2016 financial results . Q4 earnings per share $0.27 . Q4 revenue $130.2 million versus I/B/E/S view $135.3 million . Q4 earnings per share view $0.45 -- Thomson Reuters I/B/E/S . Q4 adjusted earnings per share $0.42 . Shutterstock Inc - sees full year 2017 revenue of $545-560 million . Shutterstock Inc - sees FY income from operations of $47-52 million . Shutterstock Inc - sees FY capital expenditures of approximately $45 million . Shutterstock Inc - Steven Berns, its chief financial officer, has been appointed as chief operating officer effective March 1, 2017 .Shutterstock Inc - Berns will also continue in his role as chief financial officer.  Full Article

Hubspot enters strategic partnership with Shutterstock for curated images
Thursday, 9 Feb 2017 08:00am EST 

Hubspot Inc :Hubspot - enters strategic partnership with shutterstock to bring thousands of curated images from shutterstock's collection to hubspot customers worldwide.  Full Article

BRIEF-Shutterstock Says Working With IBM To Help Marketers Build Engaging Media Campaigns

* SHUTTERSTOCK INC - WORKING WITH IBM TO BETTER ENABLE MARKETERS TO BUILD ENGAGING MEDIA CAMPAIGNS Source text for Eikon: Further company coverage: