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In an "Executive Decision" segment, Cramer sat down with Jon Oringer, founder, chairman and CEO of Shutterstock (SSTK - Get Report) , the online media provider that just posted a four-cents-a-share earnings beat on a 14% rise in revenues. Shares of the company soared 13.8% on the news.
Oringer said that while Shutterstock forecast 2017 to be an investment year for the company, they've successfully integrated all six of their business units and are beginning to see the benefits of the cross-selling opportunities. Shutterstock is also working hard to build their own image editing tools to take their platform further.
Shutterstock has been profitable since 2003, Oringer noted, which is why his company is flush with cash and has no debt. They continue to invest in their platform as well as make acquisitions as they present themselves.
When asked whether higher quality mobile devices impact their business, Oringer said that more content is being created on mobile devices and as the quality of those devices and tools increase, it will only mean more creative content being made for the Shutterstock platform.
Cramer remained bullish on Shutterstock.
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