Shutterstock has reported Q1 2019 revenue of
$163.3 million up $6.7% compared to Q1 2018, (excluding Webdam which was sold in the first quarter of 2018). The revenue was almost flat with the $162.1 million generated in the previous quarter. During the conference call CFO Steven Berns pointed out that traditionally revenue for Q1 is very similar to revenue in Q4 of the previous year. Revenue per download averaged
$3.42 per image, compared to $3.40 in Q1 2018.