This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

J2 Global Reports Q4 And Year End 2011 Results And Provides 2012 Outlook

j2 Global, Inc. (NASDAQGS:JCOM) today reported financial results for the fourth quarter and year ended December 31, 2011 and announced that its Board of Directors has declared an increased quarterly cash dividend of $0.21 per share and a five million share repurchase program.

FULL YEAR 2011 RESULTS

GAAP revenues increased 29.3% to an annual record $330.2 million compared to $255.4 million for 2010. Non-GAAP revenues (1) increased 33.3% to an annual record $340.5 million compared to $255.4 million for 2010.

GAAP net earnings per diluted share increased 34.3% to an annual record $2.43 compared to $1.81 for 2010. Non-GAAP net earnings per diluted share (2)(3) increased 29.1% to an annual record $2.53 compared to $1.96 for 2010.

Free cash flow (4) increased 44.7% to an annual record $157.5 million compared to $108.8 million for 2010.

Key annual financial results for 2011 versus 2010 are as follows:

      2011     2010     % Change
GAAP Revenues     $330.2 million     $255.4 million     29.3 %
Non-GAAP Revenues (1)     $340.5 million     $255.4 million     33.3 %
GAAP Net Earnings per Diluted Share (2)     $ 2.43     $ 1.81     34.3 %
Non-GAAP Net Earnings per Diluted Share (2) (3)     $ 2.53     $ 1.96     29.1 %
Free Cash Flow (4)     $157.5 million     $108.8 million     44.7 %

(1) In the first quarter of 2011, the Company made a change in estimate regarding its remaining service obligations to its annual eFax® subscribers. As a result of system upgrades, the Company is now basing the estimate on the actual remaining service obligations to these customers. As a result of this change, in Q1 2011 the Company recorded a one-time, non-cash increase to deferred revenues of $10.3 million with an equal offset to revenues.

1 of 5

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,122.56 -50.12 -0.29%
S&P 500 1,990.55 -3.74 -0.19%
NASDAQ 4,524.9220 -2.7670 -0.06%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs