j2 Global, Inc. (NASDAQ:JCOM) Q2 2019 Earnings Conference Call - Final Transcript

Aug 07, 2019 • 08:30 am ET


j2 Global, Inc. (NASDAQ:JCOM) Q2 2019 Earnings Conference Call - Final Transcript


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Good morning, and welcome to j2 Global Second Quarter 2019 Earnings Conference Call. My name is Claudia, the operator, who will be assisting you today. [Operator Instructions] On this call will be Vivek Shah, CEO of j2 Global; and Scott Turicchi, President of j2 Global.

I will now turn the call over to Scott Turicchi, President and CFO of j2 Global.

Scott Turicchi

Thank you. Good morning, ladies and gentlemen and welcome to the j2 Global investor conference call for Q2 2019. As the operator mentioned, I'm Scott Turicchi, President and CFO of j2 Global. Joining me today is our CEO, Vivek Shah.

We continue to execute well on the second quarter, setting records for revenue, EBITDA and non-GAAP earnings per share and just missing on free cash flow due to the timing and magnitude of some estimated tax payments. We will use the presentation as a road map for today's call. A copy of the presentation is available at 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 have 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 completing the formal presentation, we will conduct a Q&A session. The operator will instruct you at that time regarding the procedures for asking a question. However, you may e-mail questions to us at any time at investor@j2global.com.

Before we begin our prepared remarks, allow me to read the safe harbor language. As you know, 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 have 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 have included as part of the slideshow for this 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.

Vivek Shah

Thank you, Scott, and good morning, everyone.

We set yet another quarterly record for revenues, adjusted EBITDA and EPS for the second quarter. I'm also really pleased to say that we've been stringing together some strong quarters and I continue to be optimistic about the outlook for the rest of the year.

A couple of weeks ago, Scott and I along with members of our leadership team, Board of Directors and a group of employees who won j2 Achievement Awards, which is the company's highest distinction, had the honor of ringing the opening bell at NASDAQ to celebrate the 20th anniversary of our IPO. It was a terrific morning in many regards, and I'd like