Nov. 6 at 10:56 AM
$SSTK $22.05 ask. BUY/REVISIT
https://stocktwits.com/G101SPM/message/536624208
EXIT
$35.00 in midterm
UPDATE:
Reports Q3 (Sep) earnings of
$0.99 per share, excluding non-recurring items,
$0.40 better than the two analyst estimate of
$0.59; revenues rose 3.8% year/year to
$260.1 mln vs the
$256.1 mln two analyst estimate.
Adjusted EBITDA of
$79.4 million for the third quarter of 2025 increased by
$9.4 million, or 13%, as compared to the third quarter of 2024, primarily due to the contribution from Envato and data deal revenue. Net income margin of 5.1% for the third quarter of 2025 decreased by 1.9%, as compared to 7.0% in the third quarter of 2024. The adjusted EBITDA margin of 30.5% for the third quarter of 2025 increased by 2.6%, as compared to 27.9% in the third quarter of 2024.
Commenting on the Company's performance, Paul Hennessy, the Company's Chief Executive Officer, said, "Shutterstock achieved another strong quarter of financial results. Revenue grew 4% on the back of the fast-growing Data, Distribution, and Services business, while Adjusted EBITDA margins remained over 30% for the second consecutive quarter, and Free Cash Flow significantly increased. Despite the evolving competitive landscape, we continue to improve the value proposition of our unlimited content products by including AI image, video, and audio generative models as part of our offering. Additionally, we are attracting new logos and expanding relationships with existing customers within our Data, Distribution, and Services business."
