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Shutterstock ( (SSTK) ) has issued an announcement.
Shutterstock announced its financial results for the full year and fourth quarter of 2024, reporting record revenues and Adjusted EBITDA. Despite a decrease in net income due to non-recurring expenses and acquisitions, the company experienced growth in its Content and Data, Distribution, and Services segments, driven by the Envato acquisition. The company anticipates continued growth in 2025.
More about Shutterstock
Shutterstock, Inc. is a leading global creative platform that provides high-quality creative content for transformative brands, digital media, and marketing companies.
YTD Price Performance: -16.08%
Average Trading Volume: 590,858
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $852.6M
Learn more about SSTK stock on TipRanks’ Stock Analysis page.