MicrostockGroup

Agency Based Discussion => Shutterstock.com => Topic started by: Artist on February 18, 2024, 01:56

Title: How much profits do shutterstock makes in a year?
Post by: Artist on February 18, 2024, 01:56

Can anyone share some insights on how much do shutterstock makes in profits in a year?

And how much they pay to their employees including their top Cs in the company?

Title: Re: How much profits do shutterstock makes in a year?
Post by: Her Ugliness on February 18, 2024, 03:32

https://investor.shutterstock.com/news-releases/news-release-details/shutterstock-reports-third-quarter-2023-financial-results

Title: Re: How much profits do shutterstock makes in a year?
Post by: synthetick on February 18, 2024, 05:18

Next quarterly report will be released in 4 days.

Title: Re: How much profits do shutterstock makes in a year?
Post by: odesigns on February 18, 2024, 09:14

I personally toured their Empire State Building offices a few years ago.  Very over-the-top, almost unnecessarily.  Hidden rooms behind fake bookcases, a ping pong room, a music area with instruments, free lunches and snacks with drinks.

I wonder if this is still going on there now.

Title: Re: How much profits do shutterstock makes in a year?
Post by: trek on February 18, 2024, 13:12

Quote from: synthetick on February 18, 2024, 05:18

Next quarterly report will be released in 4 days.

If our sales are an indication of their sales... maybe time to short their stock.