J2... MR. RELIABLE
HatTip to Taulli.com. Randomly came across this post from The Motley Fool on J2, which I've been regularly using over the past several years:
Wasn’t faxing supposed to be dead by now? Don’t tell that to J2 Global (Nasdaq: JCOM), which has made a nice business from faxing. Then again, the company uses the Internet to deliver its faxing services—making its transmissions something more like an e-mail fax—so that may explain its continued success.
In the third quarter, J2 posted revenues of $37.7 million, a 36% increase from the same period a year ago. Net profits surged 54% to $12.5 million or $0.49 per share, excluding a one-time gain on the sale of an investment. The company has $131.6 million in the bank.
True, this is not the hypergrowth of a Google (Nasdaq: GOOG). However, J2 does offer something that investors really like: consistent growth. The company has generated revenue growth for 34 consecutive quarters, as well as growth in operating earnings for 15 straight quarters. (full post)