United Online, Inc.
Company Description
United Online is an internet company that provides floral services through its FTD segment on www.ftd.com. The company also operates various social networking websites, including the popular www.classmates.com. United Online’s communications segment includes www.netzero.com and www.juno.com.
The company also provides advertising solutions to marketers through a variety of targeting technologies, website sponsorships and website integrations.
United Online is headquartered in Woodland Hills, CA and operates through a global network of locations in the U.S., Canada, the U.K., Germany, and India.
A Solid Quarter
The company recently posted first-quarter earnings of 35 cents per share, beating the consensus estimate by 46% and coming in ahead of the year-prior total. Revenue surged 116% year-over-year.
Management noted that despite challenging macro environment, results were robust fueled by strength in the classmates media and communications segments.
Stellar Income
The company also recently declared a quarterly dividend of 10 cents per share, which translates into a healthy, industry-leading yield of 6%. The dividend was paid out on May 29.
Higher Forecasts
Analysts are upbeat on UNTD. Current full-year earnings estimates of $1.08 per share are above last month’s $1.00. For next year, analysts are calling for earnings of $1.04, versus the previous month’s $1.00.