Financial PerformanceShutterstock reported better-than-expected 3Q24 results, with revenue and EBITDA significantly above consensus.
Growth OpportunitiesEmerging revenue opportunities in Distribution and Services show significant growth, with Giphy media served increasing by 25% and Studios/3D content revenue up by 50%.
Merger BenefitsThe combination with Getty provides contributors substantially greater opportunities across products and content types to reach more than 1.4 million annual subscribers and customers in over 200 countries.