Market Overview

Recap: J2 Global Q3 Earnings

Share:

Shares of J2 Global (NASDAQ:JCOM) were unchanged in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share increased 18.82% over the past year to $2.02, which beat the estimate of $1.77.

Revenue of $356,976,000 higher by 3.73% from the same period last year, which beat the estimate of $338,820,000.

Looking Ahead

The upcoming fiscal year's EPS expected to be between $7.85 and $8.00.

The upcoming fiscal year's revenue expected to be between $1,447,000,000 and $1,462,000,000.

Recent Stock Performance

Company's 52-week high was at $104.57

Company's 52-week low was at $53.24

Price action over last quarter: Up 5.39%

Company Overview

J2 Global Inc is a provider of Internet services. The firm operates in two segments: business cloud services, which focuses on selling cloud-based voice and fox products to businesses and individuals; and digital media, which consists of web properties including PCMag.com, IGN.com, Speedtest.net, and AskMen.com. Business cloud services generates revenue from subscription and usage fees, and IP licensing fees. The digital media segment generates revenue from advertising, performance marketing, and license fees. A majority of the firm's revenue is generated in the United States, and the rest from Canada, Ireland, and other countries.

 

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Posted-In: Earnings