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Monster Worldwide 4Q profit climbs


Published :
Thu, 01 Feb 2007 13:50
By : Agencies
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NEW YORK (AFX) - Online job site operator Monster Worldwide Inc. said Thursday that a jump in revenue from its Monster Careers unit pushed its fourth-quarter profit up 8 percent.

Net income rose to $39.1 million, or 30 cents per share, versus $36.1 million, or 28 cents per share, in the year-ago period.

Analysts surveyed by Thomson Financial forecast fourth-quarter earnings of 33 cents per share.

Revenue for the quarter grew to $298.6 million, up 33 percent from $223.8 million in the previous year. Consensus estimates put revenue at $296.4 million.

Sales at the company's Monster Careers unit surged 34 percent to $258.3 million, driven by international revenue growth of 63 percent and a 22 percent gain in North America. Revenue from internet advertising and fees rose 31 percent.

Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.




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