Recap: Shutterstock Q3 Earnings

Recap: Shutterstock Q3 Earnings

Shutterstock SSTK reported its Q3 earnings results on Tuesday, October 25, 2022 at 07:00 AM.

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

Earnings

Shutterstock beat estimated earnings by 12.36%, reporting an EPS of $1.0 versus an estimate of $0.89.

Revenue was up $9.66 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.1 which was followed by a 5.83% increase in the share price the next day.

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

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.93 0.86 0.48 0.58
EPS Actual 0.83 1 0.77 0.70
Revenue Estimate 209.25M 202.11M 201.92M 185.84M
Revenue Actual 206.87M 199.13M 205.78M 194.44M

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-RecapsEarnings