Shutterstock (NYSE: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.
