J2 Global Reports Second Quarter 2019 Results
j2 Global, Inc. (JCOM)
Last j2 global, inc. earnings: 2/10 05:26 pm
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US:NASDAQ Investor Relations:
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Source: Business Wire
Achieves Record Second Quarter Revenues LOS ANGELES--(BUSINESS WIRE)--J2 Global, Inc. (NASDAQ: JCOM) today reported financial results for the second quarter ended June 30, 2019.“We recently celebrated the 20th anniversary of J2’s IPO which gave us a moment to reflect on a remarkable 23 consecutive years of revenue growth,” said Vivek Shah, CEO of J2 Global. “I want to congratulate all J2 employees, past and present, on a terrific milestone. In addition, I am pleased with the double-digit revenue and EBITDA growth achieved in the second quarter while continuing our strong free cash flow conversion.”SECOND QUARTER 2019 RESULTSQ2 2019 quarterly revenues increased 12.0% to a second quarter record of $322.4 million compared to $287.9 million for Q2 2018.Net cash provided by operating activities decreased to $95.4 million compared to $102.4 million for Q2 2018. This decrease was driven by payments of certain contingent consideration obligations which impacted net cash provided by operati
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