Shutterstock Reports Third Quarter 2014 Financial Results

November 6, 2014 Marco | Editor

– Third quarter revenue increased 41% from prior year to $83.7 million
– Adjusted EBITDA increased 36% to $17.3 million
– Quarterly paid downloads increased 23% to 31.2 million
– Revenue per download increased 13% to $2.65
– Image collection grew 44%; currently exceeds 44 million images and 2.1 million video clips

NEW YORK, Nov. 6, 2014 /PRNewswire/ — Shutterstock, Inc. (NYSE: SSTK), a leading global provider of commercial digital imagery and music, today announced financial results for the third quarter ended September 30, 2014.

“In the third quarter, we achieved strong growth due to our continued focus on providing an …read more

Via: Shutterstock press

Marco | Editor

Editor and founder of a bunch of stockphoto businesses

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