{"schema_version":"secwatch.filing_event.v1","accession":"0001549346-23-000041","form_type":"8-K","ticker":"SSTK","cik":"0001549346","company_name":"Shutterstock, Inc.","filed_at":"2023-10-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.476841+00:00","generated_at":"2026-06-09T04:38:37.620707+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 Q3 revenue up 14% to $233.2M; raises FY2023 guidance","bullets":["Revenue $233.2M (+14% YoY); net income $28.4M (+23%); adjusted EBITDA $64.7M (+15%).","Enterprise revenue +60% to $127.2M (55% of total) driven by $45.5M from computer vision data partnerships.","E-commerce revenue down 15% to $106M; paid downloads fell to 36.4M.","Raised FY2023 guidance: revenue $869-886M, adjusted EBITDA $240-245M, adjusted EPS $4.18-4.30.","Board declared $0.27/share quarterly dividend, payable Dec 14, 2023 to holders of record Nov 30."],"urls":{"canonical":"https://secwatch.observer/filing/0001549346-23-000041","json":"https://secwatch.observer/filing/0001549346-23-000041.json","markdown":"https://secwatch.observer/filing/0001549346-23-000041.md","text":"https://secwatch.observer/filing/0001549346-23-000041.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1549346/000154934623000041/0001549346-23-000041-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1549346/000154934623000041/sstk-20231031.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T04:38:37.620707+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":"ddd5c01be84bd9806410cc4b92f4418209dd2b7d","claim":"Shutterstock, Inc. reported third quarter ended September 30, 2023 results: revenue $233.2 million, net income $28.4 million, EPS $0.79. Guidance raised.","evidence_excerpt":"we are again raising both revenue and EBITDA guidance for 2023.” Third Quarter 2023 highlights as compared to third quarter 2022: Financial Highlights • Revenue increased 14% to $233.2 million. • Income from operations decreased 40% to $17.2 million. • Net income increased 23% to $28.4 million. • Adjusted EBITDA increased 15% to $64.7 million. • Net income per diluted","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1549346/000154934623000041/0001549346-23-000041-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Revenue","value":"$233.2 million"},{"label":"Net income","value":"$28.4 million"},{"label":"EPS","value":"$0.79"},{"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"}