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Last $63.53 USD
Change Today -0.83 / -1.29%
Volume 123.2K
SSTK On Other Exchanges
Symbol
Exchange
New York
Stuttgart
As of 8:04 PM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

shutterstock inc (SSTK) Snapshot

Open
$64.48
Previous Close
$64.36
Day High
$64.87
Day Low
$63.44
52 Week High
06/25/14 - $86.84
52 Week Low
02/13/15 - $54.46
Market Cap
2.3B
Average Volume 10 Days
173.2K
EPS TTM
$0.58
Shares Outstanding
35.9M
EX-Date
--
P/E TM
108.7x
Dividend
--
Dividend Yield
--
Current Stock Chart for SHUTTERSTOCK INC (SSTK)

shutterstock inc (SSTK) Related Businessweek News

No Related Businessweek News Found

shutterstock inc (SSTK) Details

Shutterstock, Inc. operates as an online marketplace for commercial digital content imagery. It offers various photographs covering a range of subjects, including animals/wildlife, the arts, backgrounds/textures, beauty/fashion, buildings/landmarks, business/finance, celebrities, education, food/drink, healthcare/medical, holidays, nature, objects, people, religion, science, sports/recreation, technology, transportation; illustrations and vector art; curated premium imagery; and video footage for users engaged in video advertisements, commercial motion pictures, television programming, video games, interactive applications, and other video-based media. The company provides its products for visual communications, such as Websites, digital and print marketing materials, corporate communications, books, publications, and video content. It also licenses commercial digital imagery and music to its customers; offers online learning for digital professionals; and digital asset management software services. The company serves business customers, marketing agencies, and media organizations in North America, Europe, and internationally. Shutterstock, Inc. was founded in 2003 and is headquartered in New York, New York.

512 Employees
Last Reported Date: 02/27/15
Founded in 2003

shutterstock inc (SSTK) Top Compensated Officers

Founder, Chairman of Board and Chief Executiv...
Total Annual Compensation: $86.5K
Chief Financial Officer and Chief Accounting ...
Total Annual Compensation: $361.9K
Compensation as of Fiscal Year 2014.

shutterstock inc (SSTK) Key Developments

Shutterstock, Inc. Presents at Jefferies 2015 Global Technology, Media and Telecom Conference, May-13-2015 08:00 AM

Shutterstock, Inc. Presents at Jefferies 2015 Global Technology, Media and Telecom Conference, May-13-2015 08:00 AM. Venue: Mandarin Oriental Brickell, Miami, Florida, United States. Speakers: Timothy E. Bixby, Chief Financial Officer and Chief Accounting Officer.

Shutterstock, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Second Quarter and Full Year 2015

Shutterstock, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. First quarter revenue of $97.5 million increased $24.7 million or 34% as compared to the first quarter of 2014 primarily due to a 17% increase in revenue per download from growth in both on-demand offerings and enterprise sales, as well as from a 12% increase in the number of paid downloads, mainly due to new customers. Adjusted EBITDA of $18.7 million increased $4.6 million or 33% as compared to the first quarter of 2014 as the 34% revenue growth was partially offset by an increase in operating expenses primarily from higher royalty costs associated with the increase in paid downloads. Net income available to common stockholders for the first quarter of $3.2 million or $0.09 per basic and diluted share, decreased as compared to $4.9 million or $0.14 per basic and diluted share in the first quarter a year ago as the improved operating performance in the first quarter of 2015 was more than offset by an increase in non-cash equity-based compensation expense, an unrealized non-cash loss associated with foreign currency movements and amortization of acquisition related intangible assets. Non-GAAP net income, which excludes the after tax impact of non-cash equity-based compensation, the amortization of acquisition related intangible assets and changes in fair value of contingent consideration related to acquisitions, was $9.0 million or $0.25 per diluted share for the first quarter, an increase of 25% as compared to $7.2 million or $0.20 per diluted share in the first quarter of 2014. Free cash flow was $18.8 million for the first quarter, an increase of $14.0 million from the first quarter of 2014 driven by lower capital expenditures and improved operating performance. Income from operations was $8,235,000 against $9,070,000 a year ago. Income before income taxes was $5,673,000 against $9,120,000 a year ago. Net cash provided by operating activities was $21,784,000 against $15,629,000 a year ago. Capital expenditures and content acquisition were $3,029,000 against $10,881,000 a year ago. The company's current expectations for the second quarter and full year 2015 are: second quarter 2015 the company expects revenue of $104 million - $106 million, adjusted EBITDA of $19.5 million - $20.5 million, effective tax rate of approximately 40% and capital expenditures of approximately $5 million. For the full year 2015, the company expects revenue of $436 million - $444 million, adjusted EBITDA of $90 million - $94 million, effective tax rate of approximately 40% and capital expenditures of approximately $18 million.

Shutterstock, Inc. Seeks Acquisitions

Shutterstock, Inc. (NYSE:SSTK) is looking for acquisition. Jon Oringer, Founder, Chairman and Chief Executive Officer of Shutterstock states, "We're always looking at different businesses out there that we can acquire. But we believe that there's a lot more organic growth that we have in the business, so we continue to concentrate on that. If there's something out there that can supplement what we have to grow faster, we seek to find those properties and acquire them."

 

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Price/Sales 6.5x
Price/Book 8.8x
Price/Cash Flow 113.1x
TEV/Sales 5.8x
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