NEW YORK (TheStreet) -- Shares of Shutterstock (SSTK) - Get Report climbed early this morning and are higher by about 77% so far this year, CNBC's Andrew Ross Sorkin reported on "Squawk Box" Monday.

"What have you been doing right?" Sorkin asked Shutterstock CEO and Founder Jon Oringer.

"We've been executing every quarter like we said we would," Oringer replied.

Last Thursday, Shutterstock reported 2016 second quarter earnings of 36 cents per share, higher than analysts' expectations of 31 cents per share. The creative content provider posted revenue of $124.4 million, compared to Wall Street estimates of $124.3 million.

"The past few years have been exciting as we move into a more mobile company, more international, a company that is using all the tech available to us to sell as many images as possible," Oringer stated, noting that 60% of the company is now international.

Last month Shutterstock struck a deal with Alphabet's Google (GOOGL) to deliver images across the search engine site's advertising platform.

"It's similar to other partnerships we've done" including its deal with Facebook (FB), Oringer commented.

Shutterstock "integrated right into their ad builder. When a business comes to Facebook, they want to create an ad, they need an image and often that's a blank page problem. Where do you start?" Oringer explained that his company provides the image.

Every second 5.5 images are sold through Shutterstock, according to Oringer.

Separately, TheStreet Ratings rated Shutterstock as a "hold" with a score of C.

The company's strengths can be seen in multiple areas, such as its increase in net income, robust revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, TheStreet Ratings finds that the company's return on equity has been disappointing.

You can view the full analysis from the report here: SSTK

TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

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