Author Topic: Shutterstock Reports First Quarter 2015 Financial Results (Read 4597 times)

luissantos84 · « **on:** May 07, 2015, 06:48 »

First Quarter 2015 Highlights:

Revenue increased 34% to $97.5 million
Adjusted EBITDA increased 33% to $18.7 million, a 19% margin
Non-GAAP Net Income per Diluted Share increased 25% to $0.25
Revenue per download increased 17% and paid downloads increased 12%
Image collection expanded 46% to 51.6 million images and 2.6 million video clips

Three Months Ended March 31

Number of paid downloads (in Millions)
33.4 (2015)
29.7 (2014)

Revenue per download
$ 2.87 (2015)
$ 2.45 (2014)

Images in our collection (in Millions) (end of period)
51.6 (2015)
35.4 (2014)

http://seekingalpha.com/pr/13424096-shutterstock-reports-first-quarter-2015-financial-results?app=n

Pauws99 · « **Reply #1 on:** May 07, 2015, 06:59 »

46% increase in images pretty extraordinary considering the number they seem to be rejecting!!!

borg · « **Reply #2 on:** May 07, 2015, 07:30 »

Have you received payment for April?
Today is 7th, at me still nothing...

noodle · « **Reply #3 on:** May 07, 2015, 07:32 »

No payment yet hopefully today although they technically have intil the 15th

Semmick Photo · « **Reply #4 on:** May 07, 2015, 07:40 »

Quote from: borg on May 07, 2015, 07:30

Have you received payment for April?
Today is 7th, at me still nothing...

Is the 7th already over? No, its 8am in New York. Plus they have till the 15th of the month to pay. And I am sure we will see another comment from in a few hours saying you got paid.

Semmick Photo · « **Reply #5 on:** May 07, 2015, 07:42 »

The rise in RPD seems to go up indeed, I am experiencing that too, problem is that the number of downloads have to be shared with more images, so the end result is still a stagnant or decrease in earnings. SS is doing better but contributors keep getting less and less per head. Basically they spread the risk more and more by adding tons of images and contributors.

Mantis · « **Reply #6 on:** May 07, 2015, 07:54 »

Quote from: Semmick Photo on May 07, 2015, 07:42

The rise in RPD seems to go up indeed, I am experiencing that too, problem is that the number of downloads have to be shared with more images, so the end result is still a stagnant or decrease in earnings. SS is doing better but contributors keep getting less and less per head. Basically they spread the risk more and more by adding tons of images and contributors.

This is my position as well. DL's way down. It's the random SOD that makes or breaks my month. I am so very disappointed that SS is taking the same plays from the playbook of most other micros. Silence tells you a lot.