Shutterstock Reports First Quarter 2024 Financial Results [Yahoo! Finance]
Shutterstock, Inc. (SSTK)
Last shutterstock, inc. earnings: 4/28 07:02 am
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Source: Yahoo! Finance
creative content for transformative brands, digital media and marketing companies, today announced financial results for the first quarter ended March 31, 2024. Commenting on the Company's performance, Paul Hennessy , the Company's Chief Executive Officer, said, "Shutterstock delivered strong first quarter results beyond our expectations. Data, Distribution & Services benefited from increased demand from new and existing customers. In Content, we saw leading indicators of a turn that are extremely encouraging. I'm also pleased to report that Shutterstock has entered into a definitive agreement to acquire Envato, a leading provider of digital creative assets and templates. On our last earnings call, I laid out the long-term targets for Shutterstock 2027. Envato accelerates the path to Shutterstock 2027, expanding our reach into faster growing audiences while enhancing our Content breadth and depth. We look forward to welcoming the entire Envato team to Shutterstock." First Quarter
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News
- Shutterstock, Inc. (NYSE: SSTK) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $65.00 price target on the stock.MarketBeat
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SSTK
Earnings
- 5/2/24 - Beat
SSTK
Sec Filings
- 5/2/24 - Form 10-Q
- 5/2/24 - Form 4
- 5/2/24 - Form 8-K
- SSTK's page on the SEC website