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J2 GLOBAL, INC. FILES (8-K) Disclosing Results of Operations and Financial Condition, Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits

May 9, 2014


On May 8, 2014, j2 Global, Inc. (the "Company") issued a press release announcing its financial results for the first quarter of fiscal 2014. In the press release, the Company also reaffirmed its previously issued financial estimates for fiscal 2014 of revenues between $580 and $600 million and Adjusted non-GAAP earnings per diluted share of between $3.23 and $3.47.

The Company also announced that it has declared a quarterly cash dividend of $0.27 per common share. The dividend will be paid on June 3, 2014, to all shareholders of record as of the close of business on May 19, 2014. Future dividends will be subject to approval by the Company's Board of Directors.

Also on May 8, 2014, at 5:00 p.m. Eastern Time, the Company hosted its first quarter 2014 earnings conference call and Webcast. Via the Webcast, the Company presented portions of its May 2014 Investor Presentation, which contains a summary of the Company's financial results for the fiscal quarter ended March 31, 2014, reaffirmed financial estimates for the fiscal year 2014, 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: This information is being furnished under both Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD Disclosure) of Form 8-K 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, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.


(a) On May 7, 2014, the Company held its 2014 Annual Meeting of Stockholders (the "Annual Meeting") in Los Angeles, California.

(b) Below are the voting results for the matters submitted to the Company's stockholders for a vote at the Annual Meeting:

(1) The election of the following six director nominees to serve for the ensuing year and until their successors are elected and qualified. All nominees were elected as directors with the following vote: Nominee For Against Abstain Broker Non-Votes

Douglas Y. Bech 36,725,239 656,547 113,393 4,958,351 Robert J. Cresci 31,125,892 6,255,848 113,439 4,958,351 W. Brian Kretzmer 37,180,608 201,246 113,325 4,958,351 Richard S. Ressler 36,887,929 493,969 113,281 4,958,351 Stephen Ross 37,263,822 118,165 113,192 4,958,351 Michael P. Schulhof 36,903,753 478,118 113,308 4,958,351

(2) A proposal to ratify the appointment of BDO USA, LLP to serve as the Company's independent auditors for fiscal 2014. This proposal was approved with the following vote: For 42,317,632 Against 24,580 Abstain 111,318 Broker Non-Votes 0 (3) A proposal to approve, in an advisory vote, the compensation of the named executive officers. This proposal was approved with the following vote: For 36,182,168 Against 1,190,926 Abstain 122,085 Broker Non-Votes 4,958,351


ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS (d) Exhibits Exhibit Number Description 99.1 Press Release dated May 8, 2014. 99.2 May 2014 Investor Presentation.


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Source: Edgar Glimpses

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