j2 Global(US:ZD)2020-11-03 15:12Financial Performance - Q3 2020 - Revenue increased by 3.7% from $344.1 million in Q3 2019 to $357.0 million in Q3 2020[7] - Adjusted EBITDA increased by 14.4% from $134.8 million in Q3 2019 to $154.1 million in Q3 2020[8] - Adjusted Gross Profit increased by 6.7% from $283.3 million in Q3 2019 to $302.3 million in Q3 2020[10] - Adjusted EPS increased by 19.1% from $1.70 in Q3 2019 to $2.02 in Q3 2020[11] Business Segment Performance - Q3 2020 - Cloud Services revenue decreased by 0.5% from $171.2 million in Q3 2019 to $170.2 million in Q3 2020[22] - Cloud Services Adjusted EBITDA increased by 1.6% from $86.5 million in Q3 2019 to $87.8 million in Q3 2020[22] - Digital Media revenue increased by 8.0% from $173.0 million in Q3 2019 to $186.7 million in Q3 2020[22] - Digital Media Adjusted EBITDA increased by 33.1% from $56.4 million in Q3 2019 to $75.0 million in Q3 2020[22] Financial Guidance - Revenue guidance raised by 4.6% from a range of $1.38 billion - $1.40 billion to a range of $1.447 billion - $1.462 billion[24] - Adjusted EBITDA guidance raised by 6.6% from a range of $556 million - $570 million to a range of $595 million - $605 million[24] - Adjusted Non-GAAP EPS guidance raised by 8.7% from a range of $7.17 - $7.41 to a range of $7.85 - $8.00[24] Additional Information - The report includes a safe harbor statement for forward-looking statements, cautioning readers about potential risks and uncertainties that could affect actual results[2,4] - The report also lists various risk factors that could materially affect the business, prospects, financial condition, operating results, and cash flows[5]