Shutterstock Reports First Quarter 2021 Financial Results

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Shutterstock (SSTK) Declares $0.21 Quarterly Dividend; 0.9% Yield

April 27, 2021 7:07 AM EDT

Shutterstock (NYSE: SSTK) declared a quarterly dividend of $0.21 per share, or $0.84 annualized.

The dividend will be payable on June 17, 2021, to stockholders of record on June 3, 2021, with an ex-dividend date of June 2, 2021.

The annual yield on the dividend is 0.9 percent.

For a dividend... More

Shutterstock (SSTK) Tops Q1 EPS by 28c

April 27, 2021 7:06 AM EDT

Shutterstock (NYSE: SSTK) reported Q1 EPS of $0.98, $0.28 better than the analyst estimate of $0.70. Revenue for the quarter came in at $183.3 million versus the consensus estimate of $175.67 million.

Subscribers increased 46% to 306,000.Subscriber revenue increased 20% to $76.5 million.Average revenue per customer, increased 4.0% to... More