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J2 Global Inc Raises FY 2013 Guidance ;Declares Quarterly Cash Dividend


Wednesday, 8 May 2013 04:15pm EDT 

J2 Global Inc updated its fiscal 2013 guidance and expects revenues to be between $510 and $535 million from the previous estimate of between $500 and $525 million and non-GAAP earnings per diluted share (EPS) to be between $2.78 and $2.98 from the previous estimate of between $2.65 and $2.85. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $509 million and EPS of $2.78 for fiscal 2013. The Company's Board of Directors has approved a quarterly cash dividend of $0.24 per common share, a 3.2% increase versus last quarter`s dividend and a 11.6% increase versus the dividend paid in Q2 2012. The dividend will be paid on June 4, 2013 to all shareholders of record as of the close of business on May 20, 2013. 

Company Quote

51.39
0.73 +1.44%
18 Sep 2014