J2 Global Q1 Profit Up - Quick Facts

(RTTNews) - j2 Global, Inc. (JCOM) Thursday reported first-quarter profit of $28.77 million or $0.60 per share, up from $22.92 million or $0.49 per share in the same period last year.

Adjusted earnings for the quarter were $0.76 per share. On average, five analysts polled by Thomson Reuters expected the company to earn $0.72 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased 18.0 percent to $134.1 million from $113.6 million last year. Analysts expected revenues of $132.06 million.

Looking ahead to the fiscal 2014, the company continues to project adjusted earnings in the order of $3.23 to $3.47 per share, with revenues ranging between $580 million and $600 million.

Analysts currently expect the company to report full-year earnings of $3.35 per share on revenues of $588.36 million.