Shutterstock Q1 2016 Financial Results
Posted on 5/4/2016 by Jim Pickerell | Printable Version |
has reported Q1 2016 revenue of $116.7 million up $19.1 million compared to Q1 2015. The growth is due mainly to new customers and increased activity by enterprise clients. Royalties paid to contributors during the quarter were about 29% of total revenue, or approximately $33.8 million. Currently, there are over 100,000 contributors meaning that the average contributor earned $338 during the quarter.
Copyright © 2016 Jim Pickerell
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