Shutterstock: Q2 Earnings Insights

Shutterstock: Q2 Earnings Insights

 

Shutterstock SSTK reported its Q2 earnings results on Tuesday, July 26, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Shutterstock missed estimated earnings by 10.75%, reporting an EPS of $0.83 versus an estimate of $0.93.

Revenue was up $16.96 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.14 which was followed by a 3.65% increase in the share price the next day.

Here's a look at Shutterstock's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.86 0.48 0.58 0.70
EPS Actual 1 0.77 0.70 1.02
Revenue Estimate 202.11M 201.92M 185.84M 179.45M
Revenue Actual 199.13M 205.78M 194.44M 189.91M

To track all earnings releases for Shutterstock visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarningsNews