Shutterstock Reports First Quarter 2015 Financial Results

May 7, 2015 Marco | Editor

NEW YORK, May 7, 2015 /PRNewswire/ —

First Quarter 2015 Highlights:

Revenue increased 34% to $97.5 million
Adjusted EBITDA increased 33% to $18.7 million, a 19% margin
Non-GAAP Net Income per Diluted Share increased 25% to $0.25
Revenue per download increased 17% and paid downloads increased 12%
Image collection expanded 46% to 51.6 million images and 2.6 million video clips

Shutterstock, Inc. (NYSE: SSTK), a leading global provider of commercial imagery and music, today announced financial results for the first quarter ended March 31, 2015.

“Shutterstock’s sustained operating momentum once again delivered strong financial growth …read more

Via: Shutterstock press

Marco | Editor

Editor and founder of a bunch of stockphoto businesses

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