Achieves Record First Quarter Revenues (up 20.3% vs. Q1 2014), EBITDA (up 20.9% vs. Q1 2014), Free Cash Flow (up 13.5% vs. Q1 2014) and Adjusted Non-GAAP EPS (up 11.8% vs. Q1 2014)

Announces Fifteenth Consecutive Quarterly Dividend Increase

LOS ANGELES, CA – May 7, 2015 — / – j2 Global, Inc. (NASDAQ: JCOM) today reported financial results for the first quarter endedMarch 31, 2015 and announced that its Board of Directors has declared an increased quarterly cash dividend of $0.30 per share.

Quarterly revenues increased 20.3% to a Q1 record $161.3 million compared to $134.1 million for Q1 2014.

Primarily due to additional amortization of intangible assets and integration costs of $8.0 million (net of tax), or $0.17 per diluted share and interest costs associated with our convertible senior notes that were not present in the prior comparable quarter of$3.7 million (net of tax), or $0.08 per diluted share, GAAP earnings per diluted share (1) for the quarter decreased (25)% to $0.45compared to $0.60 for Q1 2014. Adjusted Non-GAAP earnings per diluted share (1)(2) for the quarter increased 11.8% to a Q1 record $0.85 compared to $0.76 for Q1 2014.

Quarterly EBITDA (3) increased 20.9% to a Q1 record $69.3 million compared to $57.3 million for Q1 2014.

Q1 2015 free cash flow (4) increased 13.5% to a Q1 record $43.6 million compared to $38.4 million.

j2 ended the quarter with approximately $539.5 million in cash and investments after deploying $89.2 million during the quarter for nine acquisitions and j2′s regular quarterly dividend.

Key financial results for Q1 2015 versus Q1 2014 are set forth in the following table (in millions, except per share amounts). Reconciliations of earnings per diluted share, EBITDA and free cash flow to their nearest comparable GAAP financial measures are attached to this Press Release.

Q1 2015 Q1 2014 % Change
Cloud Services $115.8 million $98.9 million 17.1%
Digital Media $43.2 million $33.3 million 29.7%
IP Licensing $2.3 million $1.9 million 21.1%
Total: $161.3 million $134.1 million 20.3%
GAAP Net Income $21.9 million $28.8 million (24)%
GAAP Earnings per Diluted Share (1) $0.45 $0.60 (25)%
Adjusted Non-GAAP Earnings per Diluted Share (1) (2) $0.85 $0.76 11.8%
EBITDA (3) $69.3 million $57.3 million 20.9%
Free Cash Flow (4) $43.6 million $38.4 million 13.5%

“The first quarter was very strong; we surpassed our EBITDA and non-GAAP earnings targets and closed nine acquisitions,” saidHemi Zucker, CEO of j2. “Our 2015 outlook plan included only a modest amount of M&A for the year, which has already been accomplished. During the remainder of the year we will continue to recognize the synergies from the integration of these acquisitions and pursue additional acquisitions already identified in various stages of development. Additionally, we will continue to execute against our organic business plan.”

The Company reaffirms its fiscal 2015 estimates that it will achieve revenues between $690 and $710 million and Adjusted Non-GAAP earnings per diluted share of between $3.73 and $3.97.

Adjusted Non-GAAP earnings per diluted share for 2015 excludes share-based compensation of between $9 and $11 million, amortization of acquired intangibles and the impact of any currently unanticipated items, in each case net of tax.

It is anticipated that the normalized tax rate for 2015 (exclusive of the release of reserves for uncertain tax positions) will be at the higher end of the provided business outlook range between 27% and 29%.

j2′s Board of Directors has approved a quarterly cash dividend of $0.30 per common share, a 11.1% increase versus the dividend paid in Q2 2014. This is j2′s fifteenth consecutive quarterly dividend increase since its first quarterly dividend in September 2011. The dividend will be paid on June 3, 2015 to all shareholders of record as of the close of business on May 19, 2015. Future dividends will be subject to Board approval.

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