Financial PerformanceShutterstock reported better-than-expected 3Q24 results, with revenue and EBITDA significantly above consensus.
Free Cash Flow And Debt ReductionAfter the merger deal closes, the focus is expected to be on significant free cash flow generation and reducing debt, which can lower interest expenses.
Merger SynergiesThe merger between SSTK and GETY is viewed as beneficial because it creates a larger pool of content and significant cost synergies.