{"schema_version":"secwatch.filing_event.v1","accession":"0001549346-23-000032","form_type":"8-K","ticker":"SSTK","cik":"0001549346","company_name":"Shutterstock, Inc.","filed_at":"2023-08-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.267600+00:00","generated_at":"2026-06-12T18:07:26.204589+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Shutterstock Q2 revenue up 1% to $208.8M; raises FY2023 guidance on top and bottom line","bullets":["Net income $50.0M (diluted EPS $1.37) vs $19.4M in Q2 2022; includes $41.9M bargain purchase gain from GIPHY.","Adjusted EBITDA $60.1M (+23% YoY); margin 28.8% vs 23.7%.","Full year 2023 guidance raised: revenue $852-869M (3-5% growth); adj. EBITDA $227-235M; adj. EPS $4.00-4.17.","Enterprise revenue up 22% to $96.9M, driven by $17.3M from computer vision data partnerships (vs $2.2M).","Quarterly cash dividend declared $0.27 per share, payable Sept 14, record Aug 31."],"urls":{"canonical":"https://secwatch.observer/filing/0001549346-23-000032","json":"https://secwatch.observer/filing/0001549346-23-000032.json","markdown":"https://secwatch.observer/filing/0001549346-23-000032.md","text":"https://secwatch.observer/filing/0001549346-23-000032.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1549346/000154934623000032/0001549346-23-000032-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1549346/000154934623000032/sstk-20230801.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T18:07:26.204589+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"dcdb148eaa45284ce29e8702728dd70740347ec8","claim":"Shutterstock, Inc. reported second quarter ended June 30, 2023 results: revenue $208.8 million, net income $50.0 million, EPS $1.37. Guidance raised.","evidence_excerpt":"Revenue increased 1% to $208.8 million. • Income from operations decreased 66% to $8.7 million. • Net income increased 157% to $50.0 million. • Adjusted EBITDA increased 23% to $60.1 million. • Net income per diluted share increased $0.84 to $1.37.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1549346/000154934623000032/0001549346-23-000032-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended June 30, 2023"},{"label":"Revenue","value":"$208.8 million"},{"label":"Net income","value":"$50.0 million"},{"label":"EPS","value":"$1.37"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}