j2 Global,Inc. (NASDAQ:JCOM) Files An 8-K Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition
On February 12, 2019, j2 Global, Inc. (the “Company”) issued a press release (the “Press Release”) announcing its financial results for the fourth quarter and year ended December 31, 2018, and financial guidance for fiscal year 2019.
The Company also announced that it has declared a quarterly cash dividend of $0.4450 per common share. The dividend will be paid on March 12, 2019 to all shareholders of record as of the close of business on February 25, 2019. Future dividends will be subject to approval by the Company’s Board of Directors. The Company also announced that it has extended its five million share repurchase program set to expire February 20, 2019 by an additional year. Approximately 1.3 million shares remain available for purchase under the program.
A copy of the Press Release is furnished as Exhibit 99.1 to this Form 8-K.
Item 7.01. Regulation FD Disclosure
On February 13, 2019, at 8:30 a.m. Eastern Time, the Company will host its fourth quarter and year-end 2018 earnings conference call and Webcast. Via the Webcast, the Company will present portions of its February 2019 Investor Presentation, which contains a summary of the Company’s financial results for the fiscal quarter and fiscal year ended December 31, 2018, financial estimates for fiscal year 2019, and certain other financial and operating information regarding the Company. A copy of this presentation is furnished as Exhibit 99.2 to this Form 8-K.
NOTE: The information in this Item 7.01 is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”) or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item 9.01. Financial Statements and Exhibits
(d)Exhibits
|
Exhibit Number |
Description |
|
99.1 |
Press Release dated February 12, 2019. |
| 99.2 |
February 2019 Investor Presentation. |
This Current Report on Form 8-K contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. Such forward-looking statements are subject to numerous assumptions, risks and uncertainties that could cause actual results to differ materially from those described in such statements. Such forward-looking statements are based on management’s expectations or beliefs as of February 12, 2019. Factors that might cause such differences include, but are not limited to, a variety of economic, competitive, and regulatory factors, many of which are beyond the Company’s control and are described in the Company’s Annual Report on Form 10-K filed by the Company on March 1, 2018 with the Securities and Exchange Commission (the “SEC”) and the other reports the Company files from time to time with the SEC. The Company undertakes no obligation to revise or publicly release any updates to such statements based on future information or actual results.
J2 GLOBAL, INC. Exhibit
EX-99.1 2 exh99-1_18277.htm PRESS RELEASE DATED FEBRUARY 12,…
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