This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:j2 Global Reports Third Quarter 2009 Results 2009-11-04 16:15 ET - News Release LOS ANGELES, Nov. 4, 2009 (GLOBE NEWSWIRE) -- j2 Global Communications, Inc. (Nasdaq:JCOM) today reported financial results for the third quarter ended September 30, 2009.
THIRD QUARTER 2009 RESULTS
Subscriber revenues for Q3 2009 increased to $61.0 million compared to $60.5 million in Q3 2008.
Total revenues for Q3 2009 increased to $61.8 million compared to $61.6 million in Q3 2008.
During Q3 2009, the Company improved its gross margin to 81.8% from 81.0% in Q3 2008 and its operating margin to 43.1% from 40.9% in Q3 2008. Both margins are a record for a fiscal third quarter and a nine month period.
Net earnings per diluted share for Q3 2009 increased to $0.43 compared to $0.42 in Q3 2008.
Free cash flows for Q3 2009 increased 74% to $26.1 million compared to $15.0 million in Q3 2008.
The Company ended the quarter with approximately $222.5 million in cash and investments.
Key financial results for third quarter 2009 versus third quarter 2008 are as follows:
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