NEW YORK (AP) _ Shutterstock Inc. (SSTK) on Tuesday reported second-quarter earnings of $29.5 million.

On a per-share basis, the New York-based company said it had net income of 79 cents. Earnings, adjusted for stock option expense and costs related to mergers and acquisitions, were $1.02 per share.

The online marketplace for royalty-free images and videos posted revenue of $189.9 million in the period.

Shutterstock expects full-year earnings in the range of $2.80 to $2.95 per share, with revenue in the range of $740 million to $750 million.

Shutterstock shares have increased 50% since the beginning of the year. The stock has more than doubled in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SSTK at https://www.zacks.com/ap/SSTK

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