Shutterstock Reports Second Quarter 2014 Financial Results
– Second quarter revenue increased 41% from prior year, to $80.2 million
– Adjusted EBITDA increased 25% to $16.8 million
– Quarterly paid downloads increased 30% to a record 31.5 million
– Collection grew 42%; currently exceeds 40 million images, 1.9 million video clips
– Music licensing launched during the quarter
– Total customer count exceeds 1 million
NEW YORK, Aug. 7, 2014 /PRNewswire/ — Shutterstock, Inc. (NYSE: SSTK), a leading global provider of commercial digital imagery and music, today announced financial results for the second quarter ended June 30, 2014.
“Our second quarter results showed continued consistent growth and expansion in key metrics,” said …read more
Via: Shutterstock press