j2 Global, Inc. engages in the provision of Internet services worldwide. It operates through two segments, Business Cloud Services and Digital Media. The Business Cloud Services segment offers cloud services to sole proprietors, small to medium-sized businesses and enterprises, and government organizations, as well as licenses its intellectual property rights to third parties. This segment provides online fax services under the eFax name; on-demand voice and unified communications services under the eVoice and Onebox names; online backup solutions under the KeepItSafe and LiveDrive names; hosted email security, email encryption, and email archival services under the FuseMail name; email mark...
6922 Hollywood Boulevard
Los Angeles, CA 90028
Founded in 1995
j2 Global Will Pursue Already Identified Acquisitions In 2015
May 12 15
Hemi Zucker, Chief Executive Officer of j2 Global, Inc. (NasdaqGS:JCOM) said, "Our 2015 outlook plan included only a modest amount of M&A for the year, which has already been accomplished. During the remainder of the year we will continue to recognize the synergies from the integration of these acquisitions and pursue additional acquisitions already identified in various stages of development. Additionally, we will continue to execute against our organic business plan."
j2 Global, Inc. Presents at Jefferies 2015 Global Technology, Media and Telecom Conference, May-12-2015 03:30 PM
May 8 15
j2 Global, Inc. Presents at Jefferies 2015 Global Technology, Media and Telecom Conference, May-12-2015 03:30 PM. Venue: Mandarin Oriental Brickell, Miami, Florida, United States. Speakers: Robert Scott Turicchi, President and Chief Financial Officer.
j2 Global, Inc. Announces Second Quarter of 2014 Cash Dividend, Payable on June 3, 2015; Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Reaffirms Earnings Guidance for the Fiscal Year 2015
May 7 15
j2 Global, Inc.'s board of directors has approved a quarterly cash dividend of $0.30 per common share, a 11.1% increase versus the dividend paid in second quarter of 2014. The dividend will be paid on June 3, 2015 to all shareholders of record as of the close of business on May 19, 2015.
The company announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported revenues of $161,253,000 against $134,124,000 a year ago. Income from operations was $40,530,000 against $41,585,000 a year ago. Income before income taxes was $31,001,000 against $36,956,000 a year ago. Net income attributable to its common stockholders was $21,877,000 or $0.45 diluted per share against $28,765,000 or $0.60 diluted per share a year ago. Net cash provided by operating activities was $45,716,000 against $37,294,000 a year ago. Purchases of property and equipment were $2,401,000 against $2,936,000 a year ago. Purchases of intangible assets were $327,000 against $915,000 a year ago. Non-GAAP revenues were $161,253,000 against $134,665,000 a year ago. EBITDA was $69,270,000 against $57,320,000 a year ago. Free cash flow was $43,649,000 compared to $38,440,000 a year ago. Adjusted net income attributable to its common stockholders was $41,170,000 or $0.85 diluted per share against $36,412,000 or $0.76 diluted per share a year ago.
The company is reaffirming its guidance for the fiscal year 2015. For the year, the company expects revenues between $690 and $710 million and Adjusted Non-GAAP earnings per diluted share of between $3.73 and $3.97. Adjusted Non-GAAP earnings per diluted share for 2015 excludes share-based compensation of between $9 and $11 million, amortization of acquired intangibles and the impact of any currently unanticipated items, in each case net of tax. It is anticipated that the normalized tax rate for 2015 (exclusive of the release of reserves for uncertain tax positions) will be at the higher end of the provided business outlook range between 27% and 29%.