Shutterstock Inc
For the period ended Mar 31, 2024. Filed May 2, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 2, 2024
SSTK$2.96-0.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
(In thousands, except for per share data)
| Three Months EndedMarch 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenue | $214,315 | $215,280 |
| Operating expenses: | ||
| Cost of revenue | 88,204 | 78,163 |
| Sales and marketing | 56,236 | 47,527 |
| Product development | 21,051 | 15,406 |
| General and administrative | 32,078 | 33,815 |
| Total operating expenses | 197,569 | 174,911 |
| Income from operations | 16,746 | 40,369 |
| Other income, net | 3,644 | 1,045 |
| Income before income taxes | 20,390 | 41,414 |
| Provision for income taxes | 4,269 | 8,571 |
| Net income | $16,121 | $32,843 |
| Earnings per share: | ||
| Basic | $0.45 | $0.92 |
| Diluted | $0.45 | $0.90 |
| Weighted average common shares outstanding: | ||
| Basic | 35,591 | 35,856 |
| Diluted | 36,066 | 36,575 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.