J2 Global (JCOM) Misses Q1 EPS by 4c

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j2 Reports First Quarter 2017 Results

May 8, 2017 4:30 PM EDT

Achieves Record Quarterly Revenues (up 27.0% to $254.7 million vs. Q1 2016)

Announces Twenty-Third Consecutive Quarterly Dividend Increase

LOS ANGELES--(BUSINESS WIRE)-- j2 Global, Inc. (NASDAQ: JCOM) today reported financial results for the first quarter ended March 31, 2017 and announced that its Board of Directors has declared an increased quarterly cash dividend of $0.3750 per share.

FIRST QUARTER 2017 RESULTS

Q1 2017 quarterly revenues increased 27.0% to an all time record of $254.7 million compared to $200.5 million for Q1 2016.

Net cash provided by operating activities decreased by 20.6% to $51.2... More