Shares Of Shutterstock Dive After Earnings Sales Miss Shutterstock's 2024 annual earnings reveal significant strategic shifts and financial pressures. the company's content revenue decreased from $789 million in 2022 to $760 million in 2024, while data, distribution, and services revenue grew by 28% to $175 million in 2024. Shutterstock inc. (nyse: sstk) posted fourth quarter fy24 sales of $250.03 million, falling below analyst expectations. subscriber revenue dropped 11.2%, while content offerings saw a 20%.
Analysis Of Online Shutterstock Sales Of Digital Photos Stock photography, footage, and music provider shutterstock inc. (nyse:sstk) shares are trading lower on tuesday after worse than expected fourth quarter earnings. Shares of digital photograph printing company shutterstock (sstk 1.80%) fell 5.5% through 12:05 p.m. et on wednesday, after the company reported mixed earnings last night. Taking into account the latest results, the most recent consensus for shutterstock from six analysts is for revenues of us$930.8m in 2024. if met, it would imply a satisfactory 5.2% increase on its revenue over the past 12 months. per share earnings are expected to leap 34% to us$1.78. For the first time ever, shutterstock has dropped to third place in my portfolio monthly earnings, behind adobe stock and istock. they used to be far upfront leaders so it’s surprising (or not) how the mighty have fallen! with the january reset, my average image price on shutterstock is a dismal $0.30 per download.
Analysis Of Online Shutterstock Sales Of Digital Photos Taking into account the latest results, the most recent consensus for shutterstock from six analysts is for revenues of us$930.8m in 2024. if met, it would imply a satisfactory 5.2% increase on its revenue over the past 12 months. per share earnings are expected to leap 34% to us$1.78. For the first time ever, shutterstock has dropped to third place in my portfolio monthly earnings, behind adobe stock and istock. they used to be far upfront leaders so it’s surprising (or not) how the mighty have fallen! with the january reset, my average image price on shutterstock is a dismal $0.30 per download. #shutterstock microstock agency lowered commissions few weeks ago. now, there is a time to analyse how big the earnings drops are. should the #boycottshutter. Stock photography and footage provider shutterstock (nyse:sstk) in q4 cy2024, but sales rose 15.2% year on year to $250.3 million. its non gaap profit of $0.67 per share was 20.9% below analysts’. Shutterstock (sstk) came out with quarterly earnings of $0.67 per share, missing the zacks consensus estimate of $0.92 per share. this compares to earnings of $0.72 per share a year ago. Adjusted net income dropped by about 35% to $8.3 million, and that translated to earnings of $0.24 per share. that was down a third from year ago levels and missed the consensus forecast.
Analysis Of Online Shutterstock Sales Of Digital Photos #shutterstock microstock agency lowered commissions few weeks ago. now, there is a time to analyse how big the earnings drops are. should the #boycottshutter. Stock photography and footage provider shutterstock (nyse:sstk) in q4 cy2024, but sales rose 15.2% year on year to $250.3 million. its non gaap profit of $0.67 per share was 20.9% below analysts’. Shutterstock (sstk) came out with quarterly earnings of $0.67 per share, missing the zacks consensus estimate of $0.92 per share. this compares to earnings of $0.72 per share a year ago. Adjusted net income dropped by about 35% to $8.3 million, and that translated to earnings of $0.24 per share. that was down a third from year ago levels and missed the consensus forecast.
New Updates To Shutterstock Contributor Earnings Structure Shutterstock (sstk) came out with quarterly earnings of $0.67 per share, missing the zacks consensus estimate of $0.92 per share. this compares to earnings of $0.72 per share a year ago. Adjusted net income dropped by about 35% to $8.3 million, and that translated to earnings of $0.24 per share. that was down a third from year ago levels and missed the consensus forecast.
New Updates To Shutterstock Contributor Earnings Structure