j2 Global, Inc. (NASDAQ:JCOM) Q4 2018 Earnings Conference Call Transcript
Feb 13, 2019 • 08:30 am ET
Welcome to j2 Global's Fourth Quarter and Year-End 2018 Earnings Conference Call. I am Michelle, the operator, who will be assisting you today. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. (Operator Instructions) On this call will be Vivek Shah, CEO, of j2 Global; and Scott Turicchi, President of j2.
I will now turn the call over to Scott Turicchi, President and CFO of j2 Global. Thank you. You may begin.
Thank you. Good morning, ladies and gentlemen, and welcome to the j2 Global investor conference call for the fourth fiscal quarter of 2018. As the operator just mentioned, I'm Scott Turicchi, President and CFO of j2 Global. Joining me today is our CEO, Vivek Shah.
We finished the year strong with a record fourth quarter performance, across many metrics. Notably, we had record revenue, EBITDA, and non-GAAP earnings per share, as well as free cash flow. The same was true for fiscal year 2018 and it was the 23rd consecutive year of revenue growth for the company. The board has approved an increase in the quarterly dividend by $0.01 to $0.445 per share. We will use the presentation as a roadmap for today's call.
A copy of the presentation is available on our website. When you launch the webcast, there is a button on the viewer on the right-hand side, which will allow you to expand the slides. If you've not received a copy of the press release, you may access it through our corporate website at j2global.com/press. In addition, you will be able to access the webcast from this site.
After we complete our formal remarks, we will be conducting a Q&A session. The operator will instruct you at that time regarding the procedures for asking a question. However, at any time, you may e-mail us questions at email@example.com.
Before we begin our prepared remarks, allow me to read the Safe Harbor language. This call and the webcast will include forward-looking statements. Such statements may involve risks and uncertainties that would cause actual results to differ materially from the anticipated results. Some of those risks and uncertainties include, but are not limited to, the risk factors that we've disclosed in our various SEC filings, including our 10-K filings, recent 10-Q filings, various proxy statements and 8-K filings, as well as additional risk factors that we've included as part of the slide show for the webcast. We refer you to discussions in those documents regarding Safe Harbor language as well as forward-looking statements.
Now, let me turn the call over to Vivek for his opening remarks.
Thank you, Scott, and good morning, everyone. Today I would like to reflect on our accomplishments in 2018, as well as provide some color on our 2019 outlook. We finished 2018 with great momentum. In Q4, our revenues were up 9.4% year-over-year. Our adjusted EBITDA was up 8.7% year-over-year and our non-GAAP EPS was up 17.9% year-over-year. This was our strongest quarter since the