Shutterstock (SSTK) Misses Q4 Earnings and Revenue Estimates

Shutterstock (SSTK) came out with quarterly earnings of $0.67 per share, missing the Zacks Consensus Estimate of $1.05 per share. This compares to earnings of $0.67 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -36.19%. A quarter ago, it was expected that this online marketplace for royalty-free images and videos would post earnings of $1.47 per share when it actually produced earnings of $0.99, delivering a surprise of -32. ...