{"schema_version":"secwatch.filing_event.v1","accession":"0001549346-24-000004","form_type":"8-K","ticker":"SSTK","cik":"0001549346","company_name":"Shutterstock, Inc.","filed_at":"2024-02-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.569357+00:00","generated_at":"2026-06-05T22:02:38.694882+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Shutterstock FY2023 revenue up 6% to $874.6M; Q4 net loss of $1.0M; 2024 guidance flat","bullets":["FY2023 revenue $874.6M (+6% YoY); net income $110.3M (+45%); adjusted EBITDA $240.8M (+10%).","Q4 2023 revenue $217.2M (flat YoY); net loss $1.0M vs net income $7.0M a year ago.","Content revenue fell 7% for FY2023; Data, Distribution & Services revenue surged 256% to $137.3M.","Dividend raised to $0.30/share (payable March 14, 2024); 2027 targets: $1.2B revenue, 28-30% EBITDA margin.","2024 guidance: revenue $875M, adjusted EBITDA $241M, adjusted EPS $4.15-$4.30; subscriber count fell to 523K from 586K."],"urls":{"canonical":"https://secwatch.observer/filing/0001549346-24-000004","json":"https://secwatch.observer/filing/0001549346-24-000004.json","markdown":"https://secwatch.observer/filing/0001549346-24-000004.md","text":"https://secwatch.observer/filing/0001549346-24-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1549346/000154934624000004/0001549346-24-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1549346/000154934624000004/sstk-20240221.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T22:02:38.694882+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":"869a36d65b04a5338db44c95adb1107ce712c9d4","claim":"Shutterstock, Inc. reported the fourth quarter ended December 31, 2023 results: revenue $217.2 million, net income $1.0 million net loss, EPS ($0.03).","evidence_excerpt":"Fourth Quarter 2023 highlights as compared to Fourth Quarter 2022: Financial Highlights • Revenues decreased $0.5 million to $217.2 million. • Income from operations decreased 72% to $2.1 million. • Net income / (loss) decreased 114% to a $1.0 million net loss.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1549346/000154934624000004/0001549346-24-000004-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"$217.2 million"},{"label":"Net income","value":"$1.0 million net loss"},{"label":"EPS","value":"($0.03)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"93497bdb97d94fbc4e71baf478011bcb0f812069","claim":"Shutterstock, Inc. reported the fiscal period ended December 31, 2023 results: revenue $874.6 million, net income $110.3 million, EPS $3.04 per share.","evidence_excerpt":"pleased to announce Shutterstock’s 2027 long-term financial targets.” Full Year 2023 highlights as compared to Full Year 2022: Financial Highlights • Revenue increased 6% to $874.6 million. On a constant currency basis, revenue increased 5%. • Income from operations decreased 27% to $68.4 million. • Net income increased 45% to $110.3 million. • Adjusted EBITDA","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1549346/000154934624000004/0001549346-24-000004-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal period ended December 31, 2023"},{"label":"Revenue","value":"$874.6 million"},{"label":"Net income","value":"$110.3 million"},{"label":"EPS","value":"$3.04 per share"},{"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"}