Shutterstock Reports Fourth Quarter and Full Year 2012 Financial Results
-- Fourth quarter revenue increases 42% from prior year -- Full year revenue increases 41% from prior year -- Adjusted EBITDA of $11.3 million in fourth quarter -- Quarterly image downloads reach record of 21.4 million
NEW YORK, Feb. 21, 2013View or download this release at our Investor Relations page <a href=“http://investor.shutterstock.com/phoenix.zhtml?c=251362&p=irol-newsArticle&ID=1787741” target="_blank">here
About Shutterstock, Inc.
Shutterstock, Inc. (NYSE: SSTK), directly and through its group subsidiaries, is a leading global provider of high-quality licensed photographs, vectors, illustrations, videos and music to businesses, marketing agencies and media organizations around the world. Working with its growing community of over 140,000 contributors, Shutterstock adds hundreds of thousands of images each week, and currently has more than 100 million images and more than 5 million video clips available.
Headquartered in New York City, with offices in Amsterdam, Berlin, Chicago, Dallas, Denver, London, Los Angeles, Montreal, Paris, San Francisco, and Silicon Valley, Shutterstock has customers in more than 150 countries. The company also owns Bigstock, a value-oriented stock media agency; Offset, a high-end image collection; PremiumBeat a curated royalty-free music library; Rex Features, a premier source of editorial images for the world's media; and WebDAM, a cloud-based digital asset management service for businesses.
Siobhan Aalders and Niamh Hughes