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Shutterstock Shares Rise as Data and Services Fuel Q3 Beat
Financial Modeling Prep· 2025-11-06 05:06
Shutterstock Inc. (NYSE: SSTK) reported third-quarter earnings that exceeded expectations, driven by strong growth in its Data, Distribution, and Services division. Shares gained more than 2% in intra-day trading on Wednesday. Adjusted earnings per share were $0.99, above analyst estimates of $0.63. Revenue increased 4% year over year to $260.1 million, surpassing forecasts of $255.6 million. The company’s Content segment fell 5% year over year to $194.4 million, but the Data, Distribution, and Services bus ...