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01.11.2016 21:59:25

j2 Global, Inc. Bottom Line Rises 20% In Q3

(RTTNews) - j2 Global, Inc. (JCOM) revealed earnings for its third quarter that rose compared to the same period last year.

The company said its bottom line came in at $60.66 million, or $1.25 per share. This was higher than $50.71 million, or $1.04 per share, in last year's third quarter.

Analysts had expected the company to earn $1.24 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 17.6% to $210.12 million. This was up from $178.70 million last year.

j2 Global, Inc. earnings at a glance:

-Earnings (Q3): $60.66 Mln. vs. $50.71 Mln. last year. -Earnings Growth (Y-o-Y): 19.6% -EPS (Q3): $1.25 vs. $1.04 last year. -EPS Growth (Y-o-Y): 20.2% -Analysts Estimate: $1.24 -Revenue (Q3): $210.12 Mln vs. $178.70 Mln last year. -Revenue Change (Y-o-Y): 17.6%

-Guidance: Full year EPS guidance: $4.70 - $5.00 Full year revenue guidance: $830 - $860 Mln

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