j2 Global, Inc. Announces 24% Rise In Q2 Profit

(RTTNews) - j2 Global, Inc. (JCOM) revealed a profit for its second quarter that climbed compared to the same period last year.

The company said its bottom line advanced to $59.7 million, or $1.21 per share. This was up from $48.3 million, or $0.99 per share, in last year's second quarter.

Analysts had expected the company to earn $1.15 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 20.3% to $211.8 million. This was up from $176.0 million last year.

j2 Global, Inc. earnings at a glance:

-Earnings (Q2): $59.7 Mln. vs. $48.3 Mln. last year. -Earnings Growth (Y-o-Y): 23.6% -EPS (Q2): $1.21 vs. $0.99 last year. -EPS Growth (Y-o-Y): 22.2% -Analysts Estimate: $1.15 -Revenue (Q2): $211.8 Mln vs. $176.0 Mln last year. -Revenue Change (Y-o-Y): 20.3%

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