Shutterstock Shares Slightly Up on Q3 Earnings Rise of 28%

November 6, 2015 Marco | Editor

By Lee Torrens Shutterstock has reported 28% growth for the third quarter of 2015, with enterprise and video being the main drivers of growth. Contributor royalties as a percentage of revenue remain stable at 29% while the paying user base expanded to 1.4 million customers. Although the company reports no meaningful impact from Adobe on revenue with both downloads and revenue per download up, they did… …read more

Via: Microstock Diaries

Marco | Editor

Editor and founder of a bunch of stockphoto businesses

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