Shutterstock Has 41% Growth In 2012
Posted on 2/22/2013 by Jim Pickerell | Printable Version |
In its quarterly conference call Shutterstock reported revenue of $169.2 million for the full year of 2012, a 41% increase over the $120.3 million in 2011. Fourth quarter revenue was $49.2 million, a 42% increase over Q4 2011. Looking ahead, the company expects to see revenue of between $48.5 and $50.5 million in Q1 2013, and for the full year revenue in the range of $213 to $219 million. Shutterstock stock (SSTK) closed at $32.88, up 17.22% on Friday.
Already a Selling Stock member?
Access to this site is an exclusive benefit for you. Enter your username and password in the form to the left. If you don't remember your password you can reset it at any time.
New to Selling Stock?
Selling Stock is a subscription based on-line newsletter that reports on developing trends in the
stock photo industry. It is updated at least twice a month. On-line subscribers receive e-mail
notification whenever new stories are posted. Archives containing stories going back to late
1995 are fully available to subscribers. Subscribe here.
Copyright © 2013 Jim Pickerell
The above article may not be copied, reproduced, excerpted or distributed in any manner without written permission from the author. All requests should be submitted to Selling Stock at 10319 Westlake Drive, Suite 162, Bethesda, MD 20817, phone 301-251-0720, fax 301-309-0941, e-mail: firstname.lastname@example.org
Be the first to comment below.
You must log in to post comments.