SSTK - Shutterstock Inc. (SSTK) Q1 2024 Earnings Call Transcript

2024-05-02 15:56:09 ET

Shutterstock, Inc. (SSTK)

Q1 2024 Earnings Conference Call

May 2, 2024 08:30 AM ET

Company Participants

Chris Suh - VP, IR & Corporate Development

Paul Hennessy - CEO

Jarrod Yahes - CFO

Conference Call Participants

Bernie McTernan - Needham

Agnieszka Pustula - Redburn

Nitin Bansal - Bank of America

Kieran Kenny - Morgan Stanley

Presentation

Operator

Thank you for standing by. My name is Alex, and I will be your conference operator today. At this time, I would like to welcome everyone to the Q1 2024 Shutterstock Earnings Conference call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions]

I would now like to turn the call over to Chris Suh, Investor Relations and Corporate Development. Please go ahead.

Chris Suh

Thanks, Alex. Good morning, everyone, and thank you for joining us for Shutterstock's first quarter 2024 earnings call. Joining us today is Paul Hennessy, Shutterstock's CEO, and Jarrod Yahes, Shutterstock's CFO.

Please note that some of the information you'll hear during our discussion today will consist of forward-looking statements, including, without limitation, the long-term effects of investments in our business, the future success and financial impact of new and existing product offerings, our ability to consummate acquisitions and integrate the businesses we have acquired or may acquire into our existing operations, our future gross margins and profitability, our long-term strategy and our performance targets including 2024 guidance and long range financial targets.

Actual results or trends could differ materially from our forecast. For more information, please refer to today's press release and the presentation material referencing our long range financial targets, which we have posted to our IR website. Please also refer to the reports we file with the SEC from time to time, including the risk factors discussed in our most recently filed Form 10-K for discussions of important risk factors that could cause actual results to differ materially from any forward-looking statements we may make on this call....

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