Shutterstock's Q4 Revenue And EPS Lag Expectations, Subscribers Drop Stock photography, footage, and music provider Shutterstock Inc. (NYSE: SSTK ) shares are trading lower on Tuesday after worse ...
Shutterstock Inc. (NYSE: SSTK) posted fourth-quarter FY24 sales of $250.03 million, falling below analyst expectations. Subscriber revenue dropped 11.2%, while content offerings saw a 20% increase.
Unfortunately, Shutterstock’s paid downloads decreased by 2.4 million in Q4, a 6.8% drop since last year. The quarterly print was lower than its two-year result, suggesting its new initiatives ...
Shutterstock's Q4 sales and adjusted EPS both fall below estimates. Subscriber revenue dropped 11.2%, while content offerings saw a 20% increase. Join Nic Chahine live on Wednesday, March 19, at 6 ...