j2 Global, Inc. Profit Rises 12% In Q1

(RTTNews) - j2 Global, Inc. (JCOM) announced earnings for its first quarter that rose from last year.

The company said its bottom line rose to $57.8 million, or $1.19 per share. This was up from $51.4 million, or $1.05 per share, in last year's first quarter.

Analysts had expected the company to earn $1.23 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 27.0% to $254.7 million. This was up from $200.5 million last year.

j2 Global, Inc. earnings at a glance:

-Earnings (Q1): $57.8 Mln. vs. $51.4 Mln. last year. -Earnings Growth (Y-o-Y): 12.5% -EPS (Q1): $1.19 vs. $1.05 last year. -EPS Growth (Y-o-Y): 13.3% -Analysts Estimate: $1.23 -Revenue (Q1): $254.7 Mln vs. $200.5 Mln last year. -Revenue Change (Y-o-Y): 27.0%

-Guidance: Full year EPS guidance: $5.60 - $6.00 Full year revenue guidance: $1.130 - $1.170 Bln