« Motorola considering spin off of mobile device business
Maxim second-quarter revenue rises 8.5% to $540 mln »

Monster fourth-quarter rises to 36 cents a share

SAN FRANCISCO (MarketWatch) — Monster Worldwide Inc. said fourth-quarter earnings rose 15% to $45 million, or 36 cents a share, from $39.1 million, or 30 cents a share, a year earlier as restructuring efficiencies drove operating margin expansion, the company said. The New York online recruitment company said revenue increased 19% to $354 million from $298.6 million. Analysts polled by Thomson Financial, on average, expected earnings of 38 cents a share on revenue of $353 million. Analyst estimates typically exclude items. Monster also said it authorized increasing its stock repurchasing plan by $100 million, bringing the total authorization to $450 million. Shares of Monster rose to $29.49 in recent after-hours trading after closing the regular session at $27.85.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Original post by Forextvblog

This entry was posted on Thursday, January 31st, 2008 at 5:19 pm and is filed under Daily Forex Analysis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Leave a Reply