Welcome to our dedicated page for JCOM news (Ticker: JCOM), a resource for investors and traders seeking the latest updates and insights on JCOM stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect JCOM's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of JCOM's position in the market.
J2 Global, Inc. (NASDAQ:JCOM) announced its participation in four virtual investor conferences in June 2021. The conferences include the William Blair Growth Stock Conference on June 1 at 11:40am ET; the Baird Global Consumer, Technology & Services Conference on June 9 at 3:10pm ET; the Lytham Partners Conference on June 16 at 8:45am ET; and the NASDAQ London Conference, also on June 16 at 11:30am ET. Webcasts for each conference will be available, with specific links provided for some events.
J2 Global, Inc. (NASDAQ: JCOM) announced the opportunity for holders of its 3.25% Convertible Senior Notes due 2029 to exercise their Put Right, allowing them to sell their Notes back to the company at 100% of the principal plus accrued interest. This option is available starting today and ends at 5:00 p.m. on June 14, 2021, prior to the Repurchase Date on June 15, 2021. J2 Global will file the Put Right Notice with the SEC, providing detailed instructions for interested holders.
J2 Global (NASDAQ: JCOM) showcased significant growth in its Q1 2021 financial results, reporting a 19.8% increase in quarterly revenues to $398.2 million, compared to $332.4 million in Q1 2020. Pro-forma revenues surged 23.2%. Operating cash flow rose 75.2%$178.7 million, while free cash flow climbed 60.1% to $152.5 million. GAAP earnings per diluted share soared to $1.67 from a loss of $(0.13). The company also raised its 2021 revenue and earnings forecasts, reflecting strong operational performance and preparation for a corporate separation.
J2 Global, a prominent internet information and services company, revealed its participation in four virtual investor conferences in May 2021. Notable events include:
- Goldman Sachs Conference: May 17, 2021
- Needham Conference: May 18, 2021
- JP Morgan TMC: May 24, 2021 (2:00 PM ET) - Webcast Link
- Barclays HY Conference: May 26, 2021
J2 Global boasts 25 consecutive years of revenue growth, serving over 240 million users monthly.
J2 Global (NASDAQ: JCOM) announced plans to spin off at least 80.1% of Consensus, its Cloud Fax business, into a new independent public company, expected to conclude in Q3 2021. Post-spin-off, J2 projects revenue between $1.297-$1.334 billion with a 35% Adjusted EBITDA margin. Consensus anticipates revenue between $333-$342 million with a 55% margin, focusing on healthcare interoperability. Vivek Shah remains CEO of J2, while Scott Turicchi will lead Consensus. The transaction aims to enhance shareholder value and operational focus.
J2 Global (NASDAQ: JCOM) has completed one acquisition and two divestitures in Q1 2021. The acquisition of certain assets from HowLongtoBeat enhances J2's customer base and product offerings, although the financial impact is not expected to be material. Additionally, J2 Global has divested equity in City Numbers and Callstream, both of which were part of its UK Cloud Services business. The company continues to showcase strong growth, reaching over 240 million people per month and achieving 25 consecutive years of revenue growth.
J2 Global, Inc. (NASDAQ: JCOM) will announce its First Quarter 2021 Earnings on May 10, 2021, at 6:00 PM ET. A live audio Webcast of the earnings call will take place on May 11, 2021, at 8:30 AM ET, hosted by CEO Vivek Shah and CFO Scott Turicchi. Interested parties can access the webcast via j2global.com or dial in at (844) 985-2014. J2 Global has maintained 25 consecutive years of revenue growth, reaching over 240 million users monthly.
RetailMeNot, part of Ziff Media Group, is launching its 'Spring for Savings' nomination contest to support 10 families affected by canceled events due to COVID-19, offering $1,000 each for unfulfilled registries. A survey revealed that 40% of Americans did not send gifts for canceled events, with many registries receiving fewer items than expected. In addition, the 'Spring for Savings Event' features over 100 exclusive deals and cash-back offers from notable retailers such as Overstock and Forever21. This initiative aims to bring joy and support to those who missed significant milestones.
J2 Global (NASDAQ:JCOM) will participate in four virtual investor conferences in March 2021. The events include:
- JMP Technology Conference: March 1, 2021, at 1:00 PM ET
- JP Morgan Global HY Leveraged Finance: March 3, 2021, at 3:30 PM ET
- Truist Securities Technology Conference: March 9, 2021
- SIG Susquehanna Virtual Tech Conference: March 11, 2021
J2 Global reported a strong performance in Q4 2020, with revenues reaching a record $469.2 million, up 15.7% year-over-year. Operating income rose 17.0% to $128.9 million, while free cash flow surged 25.3% to $102.9 million. However, GAAP earnings per diluted share fell 48.2% to $1.27 due to a one-time tax benefit in the previous year. For the full year, revenues increased 8.6% to $1.49 billion, but GAAP net income declined 31.1% to $150.7 million. J2 has announced plans to explore strategic alternatives for its B2B Backup business.
