NEW YORK (AP) — NEW YORK (AP) — Shutterstock Inc. (SSTK) on Tuesday reported a loss of $47.6 million in its first quarter.
On a per-share basis, the New York-based company said it had a loss of $1.34. Earnings, adjusted for non-recurring costs and stock option expense, were 58 cents per share.
The online marketplace for royalty-free images and videos posted revenue of $199.2 million in the period.
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