Shutterstock Had A $42.3 Million Third Quarter

Posted on 11/21/2012 by Jim Pickerell | Printable Version | Comments (1)

Shutterstock has reported revenue of $42.3 million for the third quarter, a 36% increase over Q3 2011. The company expects to generate revenue of $44 to $45 million in the fourth quarter. Based on that projection revenue for 2012 will be between $164 and $168 million, up $44.7 million compared to the 2011 revenue of $120.3 million. This will be a 37% increase in revenue for the year.

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Jim Pickerell is founder of, an online newsletter that publishes daily. He is also available for personal telephone consultations on pricing and other matters related to stock photography. He occasionally acts as an expert witness on matters related to stock photography. For his current curriculum vitae go to:  


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