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Achieves Record Annual and Quarterly Revenues, EBITDA, Adjusted Non-GAAP EPS and Free Cash Flow
Estimates 2016 Revenues between $830M and $860M and 2016 Adjusted Non-GAAP EPS between $4.70 and $5.00
Quarterly Dividend Increased by $0.01 to $0.3250 per Share versus the Prior Quarter
LOS ANGELES, CA – Feb. 10, 2016 — /BackupReview.info/ — j2 Global, Inc. (NASDAQGS:JCOM) today reported financial results for the fourth quarter and year ended December 31, 2015, provided fiscal 2016 financial estimates and announced that its Board of Directors has declared an increased quarterly cash dividend of $0.3250 per share.
FOURTH QUARTER 2015 RESULTS
Quarterly EBITDA(3) increased 30.2% to a record $100.1 million compared to $76.9 million for Q4 2014.
GAAP earnings per diluted share for the quarter increased 9.1% to a fourth quarter record of $0.72 compared to $0.66 for Q4 2014.
Adjusted Non-GAAP earnings per diluted share(1)(2) increased 31.6% to a record $1.29 compared to $0.98 for Q4 2014.
Q4 2015 free cash flow(4) increased 88.7% to $75.1 million compared to $39.8 million for Q4 2014.
j2 ended 2015 with $414 million in cash and investments after deploying $67.1 million during the quarter for acquisitions and the payment of j2′s regular quarterly dividend.
Key financial results for the fourth quarter 2015 versus the fourth quarter 2014 are set forth in the following table (in millions, except per share). Reconciliations of Adjusted earnings per diluted share, EBITDA and free cash flow to their nearest comparable GAAP financial measures are attached to this Press Release.
Click here to read the full press release: http://goo.gl/WKKBFM
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