Shutterfly beats estimates, driven by holiday season

(Reuters) – Online photo-sharing service provider Shutterfly Inc’s results beat analysts’ estimates in the traditionally strong fourth quarter on higher demand during the holiday season, particularly in its enterprise unit. The company’s shares were up 13 percent in after-market trading. Revenue at the enterprise business, earlier called the commercial print service, is derived from the printing and shipping of direct marketing and other variable data-print products and formats. In 2011, the business represented about 3 percent of Shutterfly’s total sales of $ 473.3 million. …

Full Story Via Internet News Headlines – Yahoo! News

Comments are closed.