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What: Shares of j2 Global Communications
So what: Revenue rose 40% year over year to $85.7 million, while adjusted profit improved 41% to $0.65 a share. Analysts were looking for $83.9 million and $0.58, respectively, according to data compiled by Yahoo! Finance.
Now what: But the beat, while great, wasn't the story of this report. Management also raised the lower end of its full-year guidance by 11%, to $2.46 a share, and initiated a $0.20 per share dividend. At current prices, and assuming a regular quarterly payment, that amounts to a 3% yield at current prices. Neither Easy Link
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