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Shutterfly's revenue rises 25 percent

Tuesday, 29 Oct 2013 | 4:12 PM ET

Oct 29 (Reuters) - Online photo-sharing service provider Shutterfly Inc reported a 25 percent rise in third-quarter revenue, helped by demand for its consumer and enterprise products.

Revenue rose to $122.7 million in the quarter ended Sept. 30, from $98.5 million, a year earlier.

Shutterfly gets most of its revenue from selling photo books, greeting cards and stationery from users' photos.

The company's quarterly net loss narrowed to $10.1 million, or 27 cents per share, from $10.5 million, or 29 cents per share.

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