Shutterfly reports first quarter results; will exit iMemories

Editor’s note: Post updated to reflect iMemories will not be closed – as previously written – but “exited.” Industry reports is a new buyer will take over the business. A few highlights from the Shutterfly earnings report, reproduced below. Shutterfly closed the Lifetouch acquisition April 2 Shutterfly will exit Lifetouch’s iMemories business in the second quarter, earlier than expected. This... Read More