Author Topic: Shutterstock stock drops on mixed Q3, narrowed FY guidance (Read 4008 times)

Jo Ann Snover · « **on:** October 30, 2018, 11:29 »

Yahoo has the earnings call transcript

https://finance.yahoo.com/news/shutterstock-inc-sstk-q3-2018-153440417.html

Stock is down about 13% so far today (on a day when the overall NYSE is up slightly)

The Enterprise segment is growing faster than the eCommerce platform (us). They grew the contributor base 75% over last year! Like they need more crappy content - is this so they don't care as much when longer term contributors used to higher earnings ditch them?

They mention a problem with video sales in particular - they claim they've fixed an unspecified technical problem that was behind that...

cthoman · « **Reply #1 on:** October 30, 2018, 11:39 »

Doesn't seem like they are sweating anything... which might not be good news for those of us that would like a little change for the better.

Also, did they say they bought a catalog of 1930's British society images? That sounds useful.

Pauws99 · « **Reply #2 on:** October 30, 2018, 12:00 »

Quote from: cthoman on October 30, 2018, 11:39

Doesn't seem like they are sweating anything... which might not be good news for those of us that would like a little change for the better.

Also, did they say they bought a catalog of 1930's British society images? That sounds useful.

They've had it easy for too long adobe will be snapping at their heels soon they need to wake up to stay at the top

stockastic · « **Reply #3 on:** October 30, 2018, 12:10 »

How can I put this politely, fairly and diplomatically? I hope they utterly collapse, become a penny stock, are forced to move out of their building and onto a flatbed truck, and eventually get arrested for dumping their servers in a river at night because they couldn't afford proper disposal.

dpimborough · « **Reply #4 on:** October 30, 2018, 12:20 »

Quote from: stockastic on October 30, 2018, 12:10

How can I put this politely, fairly and diplomatically? I hope they utterly collapse, become a penny stock, are forced to move out of their building and onto a flatbed truck, and eventually get arrested for dumping their servers in a river at night because they couldn't afford proper disposal.

And on that day I'd love to be snapping stock photos of the event for news

derek · « **Reply #5 on:** October 30, 2018, 17:08 »

Quote from: stockastic on October 30, 2018, 12:10

How can I put this politely, fairly and diplomatically? I hope they utterly collapse, become a penny stock, are forced to move out of their building and onto a flatbed truck, and eventually get arrested for dumping their servers in a river at night because they couldn't afford proper disposal.

Good post!! and they are already Penny stock!

Video-StockOrg · « **Reply #6 on:** October 31, 2018, 01:38 »

Quote from: Jo Ann Snover on October 30, 2018, 11:29

They mention a problem with video sales in particular - they claim they've fixed an unspecified technical problem that was behind that...

there was a what glitch when money from my acc started to disappear (~80$). When I contacted the support, they just replied with the income I already see in my acc. Stupid assholes. No explanation about the missing money.