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.
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, e-mail: firstname.lastname@example.org
Be the first to comment below.
You must log in to post comments.