May. 2 at 11:40 AM
$SSTK Shutterstock reports Q1 adjusted EPS
$1.03, consensus
$1.04
Reports Q1 revenue
$242.6M, consensus
$249.44M. Commenting on the company's performance, Paul Hennessy, the company's Chief Executive Officer, said, "I am pleased to report that Shutterstock started the year strong, with a first quarter that achieved year over year Content revenue growth of 17%, as well as improvements across many of our key financial metrics. As we continue to generate strong free cash flow at attractive margins, we remain committed to growth in both the Content and Data, Distribution and Services businesses in 2025."