Shutterstock Q1 Adj. EPS $1.03 Misses $1.06 Estimate, Sales $242.62M Miss $252.20M Estimate

Shutterstock, Inc. -0.60% Post

Shutterstock, Inc.

SSTK

16.51

16.51

-0.60%

0.00% Post
Shutterstock (NYSE: SSTK) reported quarterly earnings of $1.03 per share which missed the analyst consensus estimate of $1.06 by 2.83 percent. This is a 8.85 percent decrease over earnings of $1.13 per share from the same period last year. The company reported quarterly sales of $242.62 million which missed the analyst consensus estimate of $252.20 million by 3.80 percent. This is a 13.21 percent increase over sales of $214.31 million the same period last year.