Shutterstock Reports $97.5 Million For Q1 2015
Posted on 5/7/2015 by Jim Pickerell | Printable Version |
has reported $97.5 million in revenue for Q1 2015, a 34% increase over Q1 2015. There were 33.4 downloads for the quarter. About 28% percent of revenue for the quarter was paid out to contributors in royalties. The average price per download was $2.87 up from $2.68 in the previous quarter and a 17% increase compared to Q1 2015. There were 51.6 million images in the collection as of March 31, 2015 plus 2.6 million video clips. At the end of the quarter the company had 542 employees worldwide.?
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