j2 Global, Inc. Q2 adjusted earnings Beat Estimates

(RTTNews) - j2 Global, Inc. (JCOM) reported earnings for second quarter that dropped from the same period last year.

The company's earnings totaled $28.5 million, or $0.57 per share. This compares with $31.4 million, or $0.63 per share, in last year's second quarter.

Excluding items, j2 Global, Inc. reported adjusted earnings of $73.7 million or $1.50 per share for the period.

Analysts had expected the company to earn $1.43 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 5.4% to $287.9 million from $273.2 million last year.

j2 Global, Inc. earnings at a glance:

-Earnings (Q2): $73.7 Mln. vs. $64.8 Mln. last year. -EPS (Q2): $1.50 vs. $1.33 last year. -Analysts Estimate: $1.43 -Revenue (Q2): $287.9 Mln vs. $273.2 Mln last year.

-Guidance: Full year EPS guidance: $6.16 and $6.46 Full year revenue guidance: $1.20 - $1.25 Bln