Shutterstock, Inc. Revises Earnings Guidance for the Year 2021
April 27, 2021 at 07:00 am
Share
Shutterstock, Inc. revised earnings guidance for the year 2021. For the year, revenue of $720 million to $730 million, representing annual growth of 8% to 9.5%, an increase from the previous guidance of $708 million to $722 million.
Shutterstock, Inc. (Shutterstock) is a provider of a global creative platform for connecting brands and businesses to quality content. The Companyâs offerings are distributed to customers in various ranges of brands, including Shutterstock, Pond5, TurboSquid, PicMonkey, PremiumBeat, Splash News, Bigstock, and Offset. Pond5 is a video-first content marketplace which expands the Companyâs content offerings across footage, image, and music. TurboSquid operates a marketplace that offers more than one million 3D models and a 2-dimensional (2D) marketplace derived from 3D objects. PicMonkey is an online graphic design and image editing platform. PremiumBeat offers music tracks and provides producers, filmmakers, and marketers the ability to search handpicked production music from the composers. Splash News provides editorial image and video content across celebrity. Its Shutterstock brand includes various content types and offerings, such as image, footage, music and editorial.