Shutterstock

Shutterstock To Report First Quarter 2024 Earnings Results on May 2, 2024

Retrieved on: 
Thursday, April 11, 2024

NEW YORK, April 11, 2024 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK), a leading global creative platform offering high-quality creative content for transformative brands, digital media and marketing companies, will report its first quarter 2024 business and financial results on Thursday May 2, 2024 before the market opens.

Key Points: 
  • NEW YORK, April 11, 2024 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK), a leading global creative platform offering high-quality creative content for transformative brands, digital media and marketing companies, will report its first quarter 2024 business and financial results on Thursday May 2, 2024 before the market opens.
  • ET to discuss the results.
  • A webcast replay of the call will be available on the Company's website on the same day at approximately 10:30 a.m.
  • ET.

Shutterstock To Report Fourth Quarter 2023 Earnings Results on February 21, 2024

Retrieved on: 
Monday, February 5, 2024

NEW YORK, Feb. 5, 2024 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK), a leading global creative platform connecting brands and businesses to high-quality content, will report its fourth quarter 2023 business and financial results on Wednesday February 21, 2024 before the market opens.

Key Points: 
  • NEW YORK, Feb. 5, 2024 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK), a leading global creative platform connecting brands and businesses to high-quality content, will report its fourth quarter 2023 business and financial results on Wednesday February 21, 2024 before the market opens.
  • ET to discuss the results.
  • A webcast replay of the call will be available on the Company's website on the same day at approximately 10:30 a.m.
  • ET.

Shutterstock Increases Quarterly Dividend By 11% to $0.30

Retrieved on: 
Tuesday, January 30, 2024

New York, Jan. 30, 2024 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK ), a leading global creative platform connecting brands and businesses to high-quality content, today announced that its Board of Directors has declared a cash dividend of $0.30 per share of outstanding common stock on January 29, 2024, payable on March 14, 2024, to stockholders of record at the close of business on February 29, 2024.

Key Points: 
  • New York, Jan. 30, 2024 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK ), a leading global creative platform connecting brands and businesses to high-quality content, today announced that its Board of Directors has declared a cash dividend of $0.30 per share of outstanding common stock on January 29, 2024, payable on March 14, 2024, to stockholders of record at the close of business on February 29, 2024.
  • This represents an increase of approximately 11% over the previous quarterly dividend of $0.27 per share of outstanding common stock.
  • Commenting on the announcement, Paul Hennessy, the Company's Chief Executive Officer, said, "The Board's decision to increase the quarterly dividend is representative of the growth we have experienced in our operating profitability and cash flow, and I am pleased that we are able to continue fulfilling our commitment to return value to stockholders."

Workday Named a Leader in the 2023 Gartner® Magic Quadrant™ for Financial Planning Software

Retrieved on: 
Friday, December 8, 2023

PLEASANTON, Calif., Dec. 8, 2023 /PRNewswire/ -- Workday (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, today announced it has been named a Leader in the 2023 Gartner Magic Quadrant for Financial Planning Software* for the second time since the category's inception last year. A complimentary copy of the report is available here.

Key Points: 
  • PLEASANTON, Calif., Dec. 8, 2023 /PRNewswire/ -- Workday (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources , today announced it has been named a Leader in the 2023 Gartner Magic Quadrant for Financial Planning Software * for the second time since the category's inception last year.
  • "With Workday AI embedded into the core of Workday Adaptive Planning, customers can surface real time insights and make faster decisions to keep pace with the speed of business."
  • An out-of-the-box, built-in integration framework enables customers to effectively integrate any third-party system of record with Workday Adaptive Planning.
  • Workday was also recently named a Leader in the 2023 Gartner Magic Quadrant for Cloud ERP for Service-Centric Enterprises as customers experience even more benefits in the form of streamlined workflows and a common user experience when Workday Adaptive Planning is connected to the Workday platform.

Shutterstock Unveils TRUST, its Best-in-Class Approach for Ethical AI

Retrieved on: 
Thursday, November 9, 2023

NEW YORK, Nov. 9, 2023 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK), a leading global creative platform connecting brands and businesses to quality content, today announced TRUST, an official guiding framework that embodies Shutterstock's long-standing values and commitment to using AI responsibly in its products and workflows. TRUST, an acronym for Training, Royalties, Uplift, Safeguards and Transparency, reflects the core commitments that Shutterstock has actively upheld over the last two decades. In an unregulated and rapidly evolving industry, this framework can also serve as an action-driven checklist for companies experimenting with AI technologies and reiterates Shutterstock's lifelong, contributor-centric operating principles.

Key Points: 
  • TRUST formalizes these principles in a clear, straightforward approach that others in the industry can follow as they embark on their own responsible AI journeys."
  • This includes ensuring that our AI models are trained only on properly licensed content and requiring our AI partners to uphold the same standard.
  • Shutterstock pioneered advanced indemnity protections for a worry-free experience for its customers and their audiences, ensuring an ethical approach, legal integrity and brand safety through tailored protections and content controls.
  • Shutterstock's ethical approach to AI has made the company a highly sought-after partner and collaborator with industry leaders such as NVIDIA, Meta, OpenAI, LG and others to develop foundational generative AI tools and standards for creators across 3D, images and text.

Shutterstock Unveils TRUST, its Best-in-Class Approach for Ethical AI

Retrieved on: 
Thursday, November 9, 2023

NEW YORK, Nov. 9, 2023 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK), a leading global creative platform connecting brands and businesses to quality content, today announced TRUST, an official guiding framework that embodies Shutterstock's long-standing values and commitment to using AI responsibly in its products and workflows. TRUST, an acronym for Training, Royalties, Uplift, Safeguards and Transparency, reflects the core commitments that Shutterstock has actively upheld over the last two decades. In an unregulated and rapidly evolving industry, this framework can also serve as an action-driven checklist for companies experimenting with AI technologies and reiterates Shutterstock's lifelong, contributor-centric operating principles.

Key Points: 
  • TRUST formalizes these principles in a clear, straightforward approach that others in the industry can follow as they embark on their own responsible AI journeys."
  • This includes ensuring that our AI models are trained only on properly licensed content and requiring our AI partners to uphold the same standard.
  • Shutterstock pioneered advanced indemnity protections for a worry-free experience for its customers and their audiences, ensuring an ethical approach, legal integrity and brand safety through tailored protections and content controls.
  • Shutterstock's ethical approach to AI has made the company a highly sought-after partner and collaborator with industry leaders such as NVIDIA, Meta, OpenAI, LG and others to develop foundational generative AI tools and standards for creators across 3D, images and text.

Shutterstock Reports Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, October 31, 2023

Shutterstock cautions investors that non-GAAP financial measures are not based on any standardized methodology prescribed by GAAP and are not necessarily comparable to similarly-titled measures presented by other companies.

Key Points: 
  • Shutterstock cautions investors that non-GAAP financial measures are not based on any standardized methodology prescribed by GAAP and are not necessarily comparable to similarly-titled measures presented by other companies.
  • Management also believes that providing these non-GAAP financial measures enhances the comparability for investors in assessing Shutterstock's financial reporting.
  • The Company will discuss its third quarter and full year financial results during a teleconference today, October 31, 2023, at 8:30 AM Eastern Time.
  • A webcast replay of the call will be available on the Company's website beginning on October 31, 2023 at approximately 10:30 AM Eastern Time.

NOVEMBER 9: Shutterstock Showcase: Creative AI

Retrieved on: 
Friday, October 27, 2023

NEW YORK, Oct. 27, 2023 /PRNewswire/ -- Shutterstock, Inc. today announced that it will host the second in its ongoing series of virtual showcase events, Shutterstock Showcase: Creative AI. Leveraging the global creative platform's high-quality content library of more than 700 million stock images and full-service creative workflow solutions, Shutterstock Showcase will offer transformative brands, digital media and marketing companies an inside look at the infinite possibilities created by the platform's newly announced creative AI-powered editing features.

Key Points: 
  • See the Power of Shutterstock's Massive, High-Quality Content Library
    NEW YORK, Oct. 27, 2023 /PRNewswire/ -- Shutterstock, Inc. today announced that it will host the second in its ongoing series of virtual showcase events, Shutterstock Showcase: Creative AI.
  • Leveraging the global creative platform's high-quality content library of more than 700 million stock images and full-service creative workflow solutions, Shutterstock Showcase will offer transformative brands, digital media and marketing companies an inside look at the infinite possibilities created by the platform's newly announced creative AI-powered editing features .
  • Discover the transformative power of creative AI features that unlock creativity, streamline workflows, enhance collaboration and drive efficiency
    Get a glimpse into the future of AI in design, including emerging technologies and trends
    WHO: Hear from Shutterstock's own global industry experts including Dr. Alessandra Sala, Senior Director of Artificial Intelligence & Data Science; Michaël Chaize, Senior Director of Product; and Dade Orgeron, Vice President of 3D Innovation.

NOVEMBER 9: Shutterstock Showcase: Creative AI

Retrieved on: 
Friday, October 27, 2023

NEW YORK, Oct. 27, 2023 /PRNewswire/ -- Shutterstock, Inc. today announced that it will host the second in its ongoing series of virtual showcase events, Shutterstock Showcase: Creative AI. Leveraging the global creative platform's high-quality content library of more than 700 million stock images and full-service creative workflow solutions, Shutterstock Showcase will offer transformative brands, digital media and marketing companies an inside look at the infinite possibilities created by the platform's newly announced creative AI-powered editing features.

Key Points: 
  • See the Power of Shutterstock's Massive, High-Quality Content Library
    NEW YORK, Oct. 27, 2023 /PRNewswire/ -- Shutterstock, Inc. today announced that it will host the second in its ongoing series of virtual showcase events, Shutterstock Showcase: Creative AI.
  • Leveraging the global creative platform's high-quality content library of more than 700 million stock images and full-service creative workflow solutions, Shutterstock Showcase will offer transformative brands, digital media and marketing companies an inside look at the infinite possibilities created by the platform's newly announced creative AI-powered editing features .
  • Discover the transformative power of creative AI features that unlock creativity, streamline workflows, enhance collaboration and drive efficiency
    Get a glimpse into the future of AI in design, including emerging technologies and trends
    WHO: Hear from Shutterstock's own global industry experts including Dr. Alessandra Sala, Senior Director of Artificial Intelligence & Data Science; Michaël Chaize, Senior Director of Product; and Dade Orgeron, Vice President of 3D Innovation.

Shutterstock Integrates Creative AI into Library of 700M Images to Offer First-Ever Marketplace of Fully Customizable Stock

Retrieved on: 
Thursday, October 26, 2023

"This is an unprecedented offering in the stock photography industry," said Paul Hennessy, Chief Executive Officer for Shutterstock.

Key Points: 
  • "This is an unprecedented offering in the stock photography industry," said Paul Hennessy, Chief Executive Officer for Shutterstock.
  • Now in beta, Shutterstock's creative AI editing features leverage the company's priority access to the latest OpenAI technology supporting the integration of synthetic editing capabilities.
  • This allows Shutterstock customers to not just generate new content using AI, but also to simply edit and transform any image in the entire Shutterstock library to accelerate ideation and production.
  • Shutterstock will give a live demo of these features on November 9 during the Shutterstock Showcase : Creative AI virtual series.