Shutterstock (SSTK) Tops Q2 EPS by 1c

Shutterstock (NYSE: SSTK) reported Q2 EPS of $0.31, $0.01 better than the analyst estimate of $0.30. Revenue for the quarter came in at $104.4 million versus the consensus estimate of $105.36 million.

"Shutterstock delivered another quarter of strong growth as the quality, breadth and diversity of our content library, along with unparalleled search functionality, continues to attract more users to our platform. We also took several strategic steps this past quarter to further strengthen our long-term growth profile, most notably expanding our subscription offerings and securing a broad-based editorial partnership with Penske Media. Meeting the evolving needs of the creative community remains our primary focus as we look to create additional value for our customers, contributors and shareholders."

For earnings history and earnings-related data on Shutterstock (SSTK) click here.

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