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Shutterstock Inc

Shutterstock, Inc. is a publicly-traded company listed on the New York stock exchange under the ticker symbol SSTK. Shutterstock is a global technology company that specializes in licensing and selling high-quality images, videos, and music to businesses and individuals. The company was founded in 2003 and has since grown to become a leading provider of creative content, with a library of over 200 million images, vectors, and videos.

Here are Some general facts about Shutterstock Inc:

* Shutterstock, Inc. was founded in 2003 by Jon Oringer.

* The company headquarters are in New York City, USA.

* Shutterstock offers creative content such as images, vectors, videos, and music for license.

* The company serves businesses and individuals in need of creative content.

* Shutterstock went public in 2012 and trades on the New York Stock Exchange under the ticker symbol SSTK.

* The company has acquired several other companies, including Bigstock, 123rf, and Rex Features.

* Shutterstock has also expanded into new markets, such as web development, through its acquisition of Shutterstock Editor and Shutterstock Blog.

Regarding its financials, Shutterstock has consistently delivered strong revenue and earnings growth over the years. In its latest quarterly earnings report, the company reported a 16% year-over-year increase in revenue to $194.2 million, with net income of $28.3 million. The company has generated over $600 million in annual revenue. Shutterstock has a solid track record of returning capital to shareholders through a share repurchase program.

Shutterstock's future growth prospects are positive, driven by an increasing demand for digital content and the company's strategic acquisitions and partnerships. The company's focus on emerging technologies such as AI and Machine Learning, which improve content discovery and recommendation, should further enhance its competitive position. However, Shutterstock faces intense competition in the stock photo industry and will need to continue to innovate and adapt to changing market trends.

Overall, Shutterstock has solid financials, a strong brand, and a growing market for creative content, positioning it well for continued growth.

I hope this general information was helpful!

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