j2 Global, Inc. Q1 adjusted earnings Beat Estimates

(RTTNews) - j2 Global, Inc. (JCOM) released earnings for first quarter that declined from last year.

The company's earnings came in at $18.9 million, or $0.38 per share. This compares with $25.8 million, or $0.52 per share, in last year's first quarter.

Excluding items, j2 Global, Inc. reported adjusted earnings of $59.8 million or $1.22 per share for the period.

Analysts had expected the company to earn $1.20 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 10.2% to $280.6 million from $254.7 million last year.

j2 Global, Inc. earnings at a glance:

-Earnings (Q1): $59.8 Mln. vs. $57.8 Mln. last year. -EPS (Q1): $1.22 vs. $1.19 last year. -Analysts Estimate: $1.20 -Revenue (Q1): $280.6 Mln vs. $254.7 Mln last year.