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I'm glad to help you with general information about a public company with the stock symbol "SEARCH" (which I believe you meant instead of "search-heart-fill" as there is no such stock symbol). The company with the stock symbol "SEARCH" is called "Shutterstock, Inc."
Shutterstock, Inc. is a New York-based technology company that operates an online marketplace for commercial digital imagery, including photographs, vectors, illustrations, videos, and music. The company was founded in 2003 and went public on the New York Stock Exchange (NYSE) in 2012.
Below is some general information about Shutterstock, Inc. (SEARCH):
Stock Exchange: New York Stock Exchange (NYSE)
Ticker Symbol: SEARCH
Industry: Professional Information Services
Sector: Technology
Full-time Employees: 1700 (as of 2021)
Market Capitalization: $1.79 billion (as of March 23, 2023)
Recent Earnings:
- Q4 2022 Earnings Release: February 16, 2023
- Revenue: $224.3 million, up 1% year-over-year
- Net Income: $7.2 million, down 55% year-over-year
- Earnings Per Share: $0.14, down 55% year-over-year
Recent Financial Performance:
- Shutterstock's revenue has been growing steadily over the past few years, reaching $836.1 million in 2021, up from $610.3 million in 2019.
- However, the company's net income has been fluctuating, with a net loss of $8.7 million in 2021, compared to a net income of $61.7 million in 2020.
- The company's earnings per share have also been impacted by these fluctuations, with earnings per share of $0.14 in Q4 2022, down from $0.31 in Q4 2021.
Growth Prospects:
- Shutterstock continues to expand its offerings and reach new markets, including through partnerships, acquisitions, and product launches.
- The company has been investing in its technology and data analytics capabilities to improve its platform's user experience and offer more personalized services.
- The pandemic-led remote working trend has also boosted the demand for high-quality digital content, which bodes well for Shutterstock's growth prospects.
- However, the company faces intense competition from several players, including Getty Images, Adobe, and Shutterfly.
- Additionally, the macroeconomic headwinds and geopolitical risks could impact the advertising and marketing budgets, which could hurt Shutterstock's revenue growth.
Overall, Shutterstock, Inc. (SEARCH) is a well-established player in the digital content marketplace, with a solid revenue growth track record. While the company's earnings performance has been volatile, it is taking steps to strengthen its platform, expand its offerings, and reach new markets, which could help drive its long-term growth. However, the competitive landscape and macroeconomic risks could pose challenges to its growth prospects.
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