Wednesday, November 2, 2016
j2 Quarterly Revenues Rise To $210.1M In Q3
Los Angeles-based j2 Global announced its quarterly results on Tuesday, saying that its Q3 quarterly revenues have grown to $210.1M. The revenues are significantly higher than the $178.7M the company earned in Q3 of 2015. The company--which runs both a large set of cloud-based services business in the backup, email, and other software areas, as well as runs content businesses like Ziff Davis--is now sitting on $378.9M in cash and investments. j2 Global--which has had a ravenous appetite for Internet acquisitions--did not announce any new acquisitions in the release; the company annoucned the four companies it acquired this quarter in October.