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ShutterstockNYSE: SSTK

Profile

Country:

United States

IPO:

11 October 2012

Next earnings report:

31 October 2024

Last dividends:

29 August 2024

Next dividends:

N/A
$1.26 B
-72%vs. 3y high
56%vs. sector
-41%vs. 3y high
63%vs. sector
-75%vs. 3y high
67%vs. sector
-76%vs. 3y high
60%vs. sector

Price

after hours | Fri, 27 Sep 2024 21:46:21 GMT
$35.53-$0.47(-1.31%)
$220.05 M$240.80 M
$220.05 M$3.63 M

Analysts recommendations

Institutional Ownership

SSTK Latest News

Interpreting Shutterstock (SSTK) International Revenue Trends
zacks.com12 August 2024 Sentiment: POSITIVE

Evaluate Shutterstock's (SSTK) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.

Shutterstock, Inc. (SSTK) Q2 2024 Earnings Call Transcript
seekingalpha.com06 August 2024 Sentiment: POSITIVE

Shutterstock, Inc. (NYSE:SSTK ) Q2 2024 Earnings Conference Call August 6, 2024 8:30 AM ET Company Participants Rik Powell - SVP, Finance & Investor Relations Paul Hennessy - Chief Executive Officer Jarrod Yahes - Chief Financial Officer Conference Call Participants Andrew Boone - JMP Securities Bernie McTernan - Needham & Company Robert Zeller - Truist Nitin Bansal - Bank of America Operator Good day, and thank you for standing by. Welcome to the Q2 2024 Shutterstock, Inc. Earnings Conference Call.

Shutterstock (SSTK) Q2 Earnings Lag Estimates
zacks.com06 August 2024 Sentiment: NEUTRAL

Shutterstock (SSTK) came out with quarterly earnings of $1 per share, missing the Zacks Consensus Estimate of $1.01 per share. This compares to earnings of $1.07 per share a year ago.

Shutterstock Reports Second Quarter 2024 Financial Results
prnewswire.com06 August 2024 Sentiment: POSITIVE

NEW YORK , Aug. 6, 2024 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK) (the "Company"), a leading global creative platform offering high-quality creative content for transformative brands, digital media and marketing companies, today announced financial results for the second quarter ended June 30, 2024. Commenting on the Company's performance, Paul Hennessy, the Company's Chief Executive Officer, said, "Shutterstock's second quarter results exceeded our expectations for revenue and adjusted EBITDA driven by exceptional growth in Data, Distribution and Services.

Shutterstock Completes Acquisition of Envato
prnewswire.com22 July 2024 Sentiment: POSITIVE

NEW YORK , July 22, 2024  /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK), a leading global creative platform offering high-quality creative content for transformative brands, digital media and marketing companies, completed its previously announced acquisition of Envato Pty Ltd. ("Envato"), a leader in digital creative assets and templates.

How Getty and Shutterstock Are Building AI Image Generators
nytimes.com19 July 2024 Sentiment: POSITIVE

Companies like Getty have begun developing A.I. models with their own data, part of a broader push to build artificial intelligence with licensed content.

Shutterstock To Report Second Quarter 2024 Earnings Results on August 6, 2024
prnewswire.com16 July 2024 Sentiment: POSITIVE

NEW YORK , July 16, 2024 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK), a leading global creative platform offering high-quality creative content for transformative brands, digital media and marketing companies, will report its second quarter 2024 business and financial results on Tuesday, August 6, 2024, before the market opens. The company will host a conference call at 8:30 a.m.

Shutterstock Appoints Microsoft's Jaime Teevan to Board of Directors
prnewswire.com09 July 2024 Sentiment: POSITIVE

NEW YORK , July 9, 2024 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK) (the "Company"), a leading global creative platform offering high-quality creative content for transformative brands, digital media and marketing companies, today announced that Jaime Teevan, Chief Scientist and Technical Fellow at Microsoft, has been appointed to the company's board of directors. Teevan is currently responsible for driving research-backed innovation in Microsoft's core products and previously held the role of Technical Advisor to Microsoft CEO Satya Nadella.

2 Internet Stocks to Buy From a Prospering Industry
zacks.com18 June 2024 Sentiment: POSITIVE

The Zacks Internet - Content industry participants like Shutterstock (SSTK) and Opera Limited (OPRA) are benefiting from expanding mobile, digital and cloud-based offerings amid challenging macroeconomic conditions globally.

Wall Street Analysts See a 39.06% Upside in Shutterstock (SSTK): Can the Stock Really Move This High?
zacks.com03 June 2024 Sentiment: POSITIVE

The average of price targets set by Wall Street analysts indicates a potential upside of 39.1% in Shutterstock (SSTK). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

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What type of business is Shutterstock?

Shutterstock, Inc. is an international technology company that operates a two-sided marketplace through which professionals can license their professional content. The company was founded in 2003 and is headquartered in New York, New York. The content library includes digital images consisting of licensed photos, vector graphics, illustrations, and video clips that clients use for visual communication, such as on websites, in digital and print marketing materials, corporate communications, books, publications, and video content, as well as music for commercial use, consisting of musical tracks and sound effects often used to complement digital images.

What sector is Shutterstock in?

Shutterstock is in the Communication Services sector

What industry is Shutterstock in?

Shutterstock is in the Internet Content & Information industry

What country is Shutterstock from?

Shutterstock is headquartered in United States

When did Shutterstock go public?

Shutterstock initial public offering (IPO) was on 11 October 2012

What is Shutterstock website?

https://www.shutterstock.com

Is Shutterstock in the S&P 500?

No, Shutterstock is not included in the S&P 500 index

Is Shutterstock in the NASDAQ 100?

No, Shutterstock is not included in the NASDAQ 100 index

Is Shutterstock in the Dow Jones?

No, Shutterstock is not included in the Dow Jones index

When was Shutterstock the previous earnings report?

No data

When does Shutterstock earnings report?

The next expected earnings date for Shutterstock is 31 October 2024