Feb 5 (Reuters) - Shutterfly Inc ::SHUTTERFLY, INC. ANNOUNCES FORMATION OF STRATEGIC REVIEW COMMITTEE.SHUTTERFLY INC - RETAINED MORGAN STANLEY AS FINANCIAL ADVISOR.SHUTTERFLY INC - STRATEGIC REVIEW COMMITTEE IS ALSO EVALUATING COMPANY'S CAPITAL STRUCTURE AND CAPITAL RETURN POLICY.SHUTTERFLY INC - IN RECENT MONTHS, SHUTTERFLY WAS APPROACHED BY A THIRD PARTY ABOUT POTENTIAL ACQUISITION OF COMPANY.SHUTTERFLY INC - BOARD SUBSEQUENTLY ENGAGED WITH SEVERAL ADDITIONAL THIRD PARTIES REGARDING A POTENTIAL ACQUISITION OF COMPANY.SHUTTERFLY INC - NO PROPOSALS TO BUY CO HAVE BEEN RECEIVED.SHUTTERFLY INC - AFFIRMED ITS OBJECTIVE OF MAINTAINING GROSS LEVERAGE OF 2.5-3.0X ADJUSTED EBITDA ON AN ANNUAL BASIS.SHUTTERFLY INC - IN Q1 OF 2019, COMPANY PAID DOWN $200 MILLION OF DEBT.SHUTTERFLY INC - MANAGEMENT TEAM BELIEVES IT WILL BE IN POSITION TO BEGIN EXECUTING ON A CAPITAL RETURN PLAN DURING Q4 OF 2019..
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Nov 13 (Reuters) - Shutterfly Inc ::SHUTTERFLY INC - ON MARCH 1, CLASS ACTION COMPLAINT FILED AGAINST MANY DIRECTORS OF LIFETOUCH IN U.S. COURT - SEC FILING.SHUTTERFLY INC - PLAINTIFFS SOUGHT RECOVERY FOR DAMAGES FROM "ALLEGED" BREACHES OF FIDUCIARY DUTY; ON NOV 7, LAWSUIT WAS DISMISSED WITH PREJUDICE.
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Oct 30 (Reuters) - Shutterfly Inc ::SHUTTERFLY ANNOUNCES THIRD QUARTER 2018 FINANCIAL RESULTS.Q3 LOSS PER SHARE $2.20.Q3 EARNINGS PER SHARE VIEW $-2.39 -- THOMSON REUTERS I/B/E/S.Q3 REVENUE $369 MILLION VERSUS I/B/E/S VIEW $377.6 MILLION.SEES Q4 ADJUSTED NET REVENUE $970 MILLION.SEES Q4 ADJUSTED EPS $5.36.Q4 EARNINGS PER SHARE VIEW $5.94, REVENUE VIEW $980.5 MILLION -- THOMSON REUTERS I/B/E/S.
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Shutterfly Inc ::SHUTTERFLY ANNOUNCES FIRST QUARTER 2018 FINANCIAL RESULTS.Q1 REVENUE $199.7 MILLION VERSUS I/B/E/S VIEW $192.1 MILLION.Q1 GAAP LOSS PER SHARE $0.83.Q1 EARNINGS PER SHARE VIEW $-0.93 -- THOMSON REUTERS I/B/E/S.SEES FULL-YEAR 2018 NON-GAAP REVENUE RANGING FROM $2.01 BILLION TO $2.06 BILLION.SEES FY 2018 NON-GAAP EARNINGS PER SHARE $2.83 TO $3.28.
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Oct 25 (Reuters) - Shutterfly Inc :Shutterfly announces third quarter 2017 financial results.Q3 loss per share $0.78.Q3 revenue $195.4 million versus I/B/E/S view $191.6 million.Q3 earnings per share view $-0.79 -- Thomson Reuters I/B/E/S.Sees fy 2017 earnings per share $0.60 to $0.95.Sees Q4 2017 earnings per share $2.60 to $3.00.Sees Q4 2017 revenue $538 million to $568 million.Sees fy 2017 revenue $1.135 billion to $1.165 billion.Shutterfly Inc - completed strategic review process in q3 for borrowlenses; co decided to retain and operate business.
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