MicrostockGroup

Agency Based Discussion => Shutterstock.com => Topic started by: Jo Ann Snover on October 30, 2018, 11:29

Title: Shutterstock stock drops on mixed Q3, narrowed FY guidance
Post by: Jo Ann Snover on October 30, 2018, 11:29: Yahoo has the earnings call transcript

https://finance.yahoo.com/news/shutterstock-inc-sstk-q3-2018-153440417.html

Stock is down about 13% so far today (on a day when the overall NYSE is up slightly)

The Enterprise segment is growing faster than the eCommerce platform (us). They grew the contributor base 75% over last year! Like they need more crappy content - is this so they don't care as much when longer term contributors used to higher earnings ditch them?

They mention a problem with video sales in particular - they claim they've fixed an unspecified technical problem that was behind that...
Title: Re: Shutterstock stock drops on mixed Q3, narrowed FY guidance
Post by: cthoman on October 30, 2018, 11:39: Doesn't seem like they are sweating anything... which might not be good news for those of us that would like a little change for the better.

Also, did they say they bought a catalog of 1930's British society images? That sounds useful. :D
Title: Re: Shutterstock stock drops on mixed Q3, narrowed FY guidance
Post by: Pauws99 on October 30, 2018, 12:00: Quote from: cthoman on October 30, 2018, 11:39
Doesn't seem like they are sweating anything... which might not be good news for those of us that would like a little change for the better.

Also, did they say they bought a catalog of 1930's British society images? That sounds useful. :D
They've had it easy for too long adobe will be snapping at their heels soon they need to wake up to stay at the top
Title: Re: Shutterstock stock drops on mixed Q3, narrowed FY guidance
Post by: stockastic on October 30, 2018, 12:10: How can I put this politely, fairly and diplomatically? I hope they utterly collapse, become a penny stock, are forced to move out of their building and onto a flatbed truck, and eventually get arrested for dumping their servers in a river at night because they couldn't afford proper disposal.
Title: Re: Shutterstock stock drops on mixed Q3, narrowed FY guidance
Post by: dpimborough on October 30, 2018, 12:20: Quote from: stockastic on October 30, 2018, 12:10
How can I put this politely, fairly and diplomatically? I hope they utterly collapse, become a penny stock, are forced to move out of their building and onto a flatbed truck, and eventually get arrested for dumping their servers in a river at night because they couldn't afford proper disposal.

And on that day I'd love to be snapping stock photos of the event for news :D
Title: Re: Shutterstock stock drops on mixed Q3, narrowed FY guidance
Post by: derek on October 30, 2018, 17:08: Quote from: stockastic on October 30, 2018, 12:10
How can I put this politely, fairly and diplomatically? I hope they utterly collapse, become a penny stock, are forced to move out of their building and onto a flatbed truck, and eventually get arrested for dumping their servers in a river at night because they couldn't afford proper disposal.

Good post!! and they are already Penny stock! :)
Title: Re: Shutterstock stock drops on mixed Q3, narrowed FY guidance
Post by: Video-StockOrg on October 31, 2018, 01:38: Quote from: Jo Ann Snover on October 30, 2018, 11:29

They mention a problem with video sales in particular - they claim they've fixed an unspecified technical problem that was behind that...

there was a what glitch when money from my acc started to disappear (~80$). When I contacted the support, they just replied with the income I already see in my acc. Stupid assholes. No explanation about the missing money.