secwatch.observer — SEC 8-K summary
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Issuer:     Shutterstock, Inc. (SSTK)
CIK:        0001549346
Form:       8-K
Filed at:   2023-02-09T23:59:59+00:00
Accession:  0001549346-23-000008
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Shutterstock Q4 revenue $217.7M (+6%); Adj. EBITDA $58.3M (+49%); full-year margin 26.3%
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- Q4 revenue $217.7M (+6% YoY, +9% constant currency); enterprise revenue up 25% to $95.4M.
- Q4 net income $7.0M (down 58%) includes $18.7M impairment; adjusted EPS $1.05 vs $0.77.
- Full year revenue $827.8M (+7%); Adjusted EBITDA $218.1M (+13%); margin 26.3% (+130 bps).
- Board declared dividend $0.27 per share (up from $0.24), payable March 16, 2023.
- 2023 guidance: revenue $836-853M, Adj. EBITDA $220-228M, adjusted EPS $3.90-$4.05.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1549346/000154934623000008/0001549346-23-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1549346/000154934623000008/sstk-20230209.htm
  HTML page:      https://secwatch.observer/filing/0001549346-23-000008

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer