This story has been updated from its original version.

Internet services and media company J2 Global Inc. posted first quarter earnings per share of 61 cents a share, beating analysts’ expectations of 53 cents a share. The per-share mark was 36 percent higher than the year-ago period and came on revenue of $201 million for the quarter ended March 31.

The GAAP revenue figure was up 24.3 percent from the year-earlier.

“All segments of our business are performing well and we have seen increasing margins both in our media and cloud backup businesses as they both continue to benefit from economies of scale,” Hemi Zucker, chief executive of the Hollywood company, said in a statement. “During the quarter we acquired six cloud services businesses, which completed the M&A activity that we planned for with respect to our full year 2016 business outlook. This makes me very optimistic regarding the rest of the year.”

The company increased its quarterly cash dividend of 33.5 cents a share, up from 32.5 cents a share. The firm’s stock rose 2 percent to close at $64.62 on Friday.

Technology reporter Garrett Reim can be reached at [email protected]. Follow him on Twitter @garrettreim for the latest in L.A. tech news.