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Internet Software Services

J2 Global, Inc. (JCOM) is a California-based company that provides Internet services through its two business segments: Cloud Services and Digital Media. The Cloud Services segment includes business-critical services such as email, email security, network security, encryption, backup, and cloud services. The Digital Media segment includes online marketing services and online dating platforms.

JCOM was founded in 1995 and has been publicly traded on the NASDAQ stock exchange since 1999. The company has a strong track record of revenue and earnings growth over the past several years.

For the fiscal year 2020, J2 Global reported total revenue of $1.75 billion, representing an increase of 3.5% compared to the prior year. The company's net income for the year was $311.5 million, or $15.55 per diluted share, compared to $236.3 million, or $11.88 per diluted share, in the prior year.

JCOM's revenue growth has been driven by the strong performance of its Cloud Services segment, which has seen increased demand for its email and cloud services as businesses have shifted to remote work due to the COVID-19 pandemic. The Digital Media segment has also seen growth, driven by the company's focus on its high-margin online dating platforms.

Going forward, J2 Global is well-positioned for continued growth given its diverse portfolio of business-critical services and its strong financial position. The company has a robust balance sheet with significant cash reserves, which provides it with the flexibility to pursue strategic acquisitions and investments that can drive long-term growth.

In summary, J2 Global is a solid public company with a strong track record of revenue and earnings growth, a diverse portfolio of business-critical services, and a strong balance sheet. The company's growth prospects are positive, making it an attractive investment opportunity for stock traders.