J2 Global Q4 Profit Rises - Quick Facts

(RTTNews) - j2 Global Inc. (JCOM) reported fourth-quarter net income to shareholders of $31.76 million or $0.66 per share, compared to $20.75 million or $0.44 per share, prior year. Adjusted earnings per share was $0.98, for the quarter.

On average, five analysts polled by Thomson Reuters expected the company to report profit per share of $0.90 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $167.15 million from $138.04 million last year. Analysts expected revenue of $159.82 million for the quarter.

The Board of j2 Global has declared an increased quarterly cash dividend of $0.2925 per share. The company has extended its one-year five million share repurchase program set to expire February 20, 2015 by an additional year. Approximately 2.9 million shares remain available for purchase under the program.

For fiscal 2015, the company estimates revenues between $690 and $710 million and adjusted non-GAAP earnings per share of between $3.73 and $3.97. Analysts expect the company to report fiscal 2015 earnings per share of $3.71 on revenue of $652.75 million.