05.05.2016 22:54:48
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j2 Global, Inc. Earnings Climb 25% In Q1
(RTTNews) - j2 Global, Inc. (JCOM) revealed a profit for its first quarter that advanced compared to the same period last year.
The company said its bottom line came in at $51.38 million, or $1.05 per share. This was higher than $41.17 million, or $0.85 per share, in last year's first quarter.
Analysts had expected the company to earn $1.04 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 24.3% to $200.50 million. This was up from $161.25 million last year.
j2 Global, Inc. earnings at a glance:
-Earnings (Q1): $51.38 Mln. vs. $41.17 Mln. last year. -Earnings Growth (Y-o-Y): 24.8% -EPS (Q1): $1.05 vs. $0.85 last year. -EPS Growth (Y-o-Y): 23.5% -Analysts Estimate: $1.04 -Revenue (Q1): $200.50 Mln vs. $161.25 Mln last year. -Revenue Change (Y-o-Y): 24.3%
-Guidance: Full year EPS guidance: $4.70 - $5.00 Full year revenue guidance: $830 - $860 Mln
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