- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
Shutterstock, Inc. (NYSE:SSTK) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.
Shutterstock, Inc. Earnings Cheat Sheet
Revenue: Rose 41.55% to $49.16 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Shutterstock, Inc. reported adjusted EPS income of $0.88 per share. By that measure, the company beat the mean analyst estimate of $0.15. It beat the average revenue estimate of $44.9 million.
Quoting Management: “Our fourth quarter results capped a very strong year for Shutterstock,” said Founder and CEO Jon Oringer. “We are very pleased with our progress on product innovation, global market penetration and financial performance over the course of 2012.”
Key Stats (on next page)…
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.