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Shutterstock financials: ‘$3.02 revenue per image from 42.1M paid downloads accross 116.2M images’

On Monday CNBC ran a report on Shutterstock shares taking a tumble HERE so I contacted the agency and asked for the  2016 financials which are HERE

A few highlights on what looked liked a good 2016:
• Paid downloads increased 14%
• Revenue per download increased 1%
• Image collection expanded 63% to 116.2 million images
• Video collection expanded 68% to 6.2 million clips
• Revenue increased 16% to $494.3 million
• Income from operations increased 12% to $45.8 million
• Net income increased 67% to $32.6 million

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