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Dec 31, 2024
Shutterstock Q4 2024 Earnings Report
Shutterstock reported a revenue increase driven by Envato acquisition, while net loss slightly decreased compared to the same quarter last year
Key Takeaways
Shutterstock's Q4 2024 results showed a 15% increase in revenue to $250.3 million, driven by a 20% increase in Content revenue, primarily from the Envato acquisition. However, the Data, Distribution, and Services product offering experienced a 5% decrease. The company reported a net loss of $1.4 million, slightly better than the $1.0 million loss in Q4 2023.
Revenue increased by 15% to $250.3 million compared to Q4 2023.
Content revenue grew by 20%, driven by the Envato acquisition.
Data, Distribution, and Services revenue decreased by 5%.
Net loss was $1.4 million, a slight decrease from $1.0 million in Q4 2023.
Revenue by Segment
Forward Guidance
Shutterstock will not be hosting a conference call or providing financial guidance in conjunction with its fourth quarter 2024 results due to the pending transaction with Getty Images.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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