Shutterstock Shares Rise After 2Q Revenue Gain Boosts Profit

Dow Jones

07/29

By Dean Seal

Shares of Shutterstock advanced after the company posted major gains on its top and bottom lines in the second quarter.

The stock was up 5.5% at $20.89 in early trading. Shares are still down 31% since the start of the year.

The marketplace for photos and videos said revenue was up 21% at $267 million for the second quarter. Three analysts polled by FactSet had a consensus target of $250.4 million.

Net income was $29.4 million, or 82 cents a share, up from $3.63 million, or 10 cents a share, in the same quarter a year earlier. Stripping out one-time items, adjusted earnings were $1.19 a share.

Chief Executive Paul Hennessy said the company hit record second-quarter levels of revenue and adjusted earnings before interest, taxes, depreciation and amortization.

Write to Dean at dean.seal@wsj.com

(END) Dow Jones Newswires

July 29, 2025 10:47 ET (14:47 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Shares are still down 31% since the start of the year. \n</p>\n<p>\n  The marketplace for photos and videos said revenue was up 21% at $267 million for the second quarter. Three analysts polled by FactSet had a consensus target of $250.4 million. \n</p>\n<p>\n  Net income was $29.4 million, or 82 cents a share, up from $3.63 million, or 10 cents a share, in the same quarter a year earlier. Stripping out one-time items, adjusted earnings were $1.19 a share. \n</p>\n<p>\n  Chief Executive Paul Hennessy said the company hit record second-quarter levels of revenue and adjusted earnings before interest, taxes, depreciation and amortization. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Dean at dean.seal@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 29, 2025 10:47 ET (14:47 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SSTK","symbol_name":"Shutterstock Inc","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2555005720","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2555005720","pubTimestamp":1753800420,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Shutterstock advanced after the company posted major gains on its top and bottom lines in the second quarter.The stock was up 5.5% at $20.89 in early trading. 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Three analysts polled by FactSet had a consensus target of $250.4 million. \n\n\n  Net income was $29.4 million, or 82 cents a share, up from $3.63 million, or 10 cents a share, in the same quarter a year earlier. Stripping out one-time items, adjusted earnings were $1.19 a share. \n\n\n  Chief Executive Paul Hennessy said the company hit record second-quarter levels of revenue and adjusted earnings before interest, taxes, depreciation and amortization. \n\n\n \n\n\n  Write to Dean at dean.seal@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 29, 2025 10:47 ET (14:47 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}