J2 Global (JCOM) Tops Q1 EPS by 52c; Raises Outlook

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J2 Global Reports Record First Quarter 2021 Results & Raises Full Year 2021 Guidance

May 10, 2021 4:01 PM EDT

LOS ANGELES--(BUSINESS WIRE)-- J2 Global, Inc. (NASDAQ: JCOM) today reported financial results for the first quarter ended March 31, 2021.

J2 continues to produce outstanding results across the board, said Vivek Shah, CEO of J2 Global. Our strong momentum adds to the considerable excitement within our organization as we prepare to separate into two independent publicly traded companies.

FIRST QUARTER 2021 RESULTS

Q1 2021 quarterly revenues increased 19.8% to a Q1 record of $398.2 million compared to $332.4 million for Q1 2020. On a pro-forma(6) basis, Q1 2021 quarterly revenues increased 23.2% to $385.6 million compared to $313.0... More