Shutterfly announces first quarter 2019 financial results
Shutterfly announced first-quarter 2019 financial results, coinciding with rumours from reputables sites like Bloomberg that the leading online photo personalization service has drawn acquisition interest from Apollo Global Management LLC and Cerberus Capital Management. As noted below, the company’s board is not officially commenting. Overall, the company’s results were in line with expectations, management said. Shutterfly’s struggling Consumer segment saw a 2%...
Read More