Shutterstock Raises FY23 Revenue Outlook From $852M - $869M To $869M - $886M Vs. $860.82M Est.
Portfolio Pulse from Benzinga Newsdesk
Shutterstock has increased its FY23 revenue outlook from the range of $852M - $869M to $869M - $886M, which is higher than the estimated $860.82M.
October 31, 2023 | 11:11 am
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POSITIVE IMPACT
Shutterstock's raised FY23 revenue outlook could potentially lead to a positive impact on its stock price.
Shutterstock's raised revenue outlook for FY23 indicates a positive financial performance, which could potentially attract investors and drive up the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100