Earnings Call Summary | Shutterstock(SSTK.US) Q2 2024 Earnings Conference
Earnings Call Summary | Shutterstock(SSTK.US) Q2 2024 Earnings Conference
Shutterstock successfully acquired Envato, enhancing its Content business and aligning with long-term financial goals.The following is a summary of the Shutterstock, Inc. (SSTK) Q2 2024 Earnings Call Transcript:
以下是Shutterstock Inc.（SSTK）第二季度2024財年業績會Transcript摘要：
Financial Performance:
金融業績：
For Q2 2024, Shutterstock delivered revenue of $220 million, showing a 5.4% growth, and adjusted EBITDA of $62 million with a 28% margin.
Content revenue was at $170 million, marking a 9% decline compared to the previous year.
第二季度2024財年，Shutterstock的營業收入爲2.2億美元，增長5.4％，調整後的EBITDA爲6200萬美元，利潤率爲28％。
內容營業收入爲1.7億美元，較去年同期下降9％。
Business Progress:
業務進展：
Shutterstock successfully acquired Envato, enhancing its Content business and aligning with long-term financial goals.
Introduced GenAI 3D capabilities in collaboration with NVIDIA, and announced commercial API access beginning September.
Expanded the Data, Distribution and Services business significantly, showing hypergrowth of 129% in the quarter.
Announced a new partnership with Databricks for Shutterstock ImageAI.
Shutterstock成功收購Envato，加強其內容業務，並與長期財務目標保持一致。
與英偉達合作推出GenAI 3D功能，並宣佈2021年9月開始商業API訪問。
大幅擴展數據、分銷和服務業務，在本季度實現了超高增長率，增長了129％。
宣佈與Databricks合作推出Shutterstock ImageAI。
Opportunities:
機會：
The acquisition of Envato aims to bolster Shutterstock's subscription services and content diversity.
New GenAI capabilities, in partnership with NVIDIA and Databricks, present growth avenues in AI-driven content creation.
收購Envato旨在增強Shutterstock的訂閱服務和內容多樣性。
與英偉達和Databricks合作的新GenAI功能，展示了以人工智能驅動的內容創作的增長途徑。
Risks:
風險：
Soft new customer acquisition and subdued growth in small- and medium-sized customers present ongoing challenges for the Content business.
內容業務面臨的挑戰包括新客戶獲取的不足和中小型客戶增長不明顯。
More details: Shutterstock IR
更多詳情請參考Shutterstock IR。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。