Tuesday, May 8, 2018

j2 Global Revenues Increase To $280.6M For Q1

Los Angeles-based j2 Global, the online services and publishing giant, reported on Monday that its Q1 2018 quarterly revenues grew to $280.6 million, a 10.2 percent increase over Q1 of last year. According to j2 Global, it ended the quarter with approximately $400M in cash and investments, after spending around $100M for acquisition and its regular quarterly dividend. j2 Global owns a large portfolio of online brands, including such online publications as IGN, Mashable, Humble Bundle, Speedtest, PCMag, Offers.com, and Everyday Health, plus online cloud services like eFax, eVoice, Campaigner, Vipre, KeepItSafe and Livedrive. J2 Global has a very long list of acquisitions, and is the most active company in Southern California in buying small startups.