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J2 Global (JCOM) Tops Q3 EPS by 3c; Bumps Outlook

November 3, 2015 4:23 PM EST

J2 Global (NASDAQ: JCOM) reported Q3 EPS of $1.04, $0.03 better than the analyst estimate of $1.01. Revenue for the quarter came in at $178.7 million versus the consensus estimate of $178.28 million.

J2 Global sees FY2015 EPS of $3.73-$4.13, versus the consensus of $3.96. J2 Global sees FY2015 revenue of $690-724 million.

“I am extremely pleased with another record quarter,” said Hemi Zucker, CEO of j2 Global®. “Our Q3 Revenue increased 17% year over year while Adjusted Non-GAAP EPS and EBITDA increased 25% and 30% respectively, validating our integration capabilities and growth strategy of disciplined, accretive M&A, expense optimization and organic growth initiatives. We are also proud to report that we crossed the 3,000,000 paying subscriber mark while maintaining record low monthly churn just under 2%. Our 47% EBITDA margins this quarter reflect impressive EBITDA margin improvement in both our Cloud Services and Digital Media segments as we scale our businesses and integrate acquisitions.”

For earnings history and earnings-related data on J2 Global (JCOM) click here.



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