Well, okay, “monster quarter” maybe is a bit of an exaggeration, but it made for a good headline, no?
Monster Worldwide (MWW) shares spiked after hours on better-than-expected Q3 results.
For the quarter, the company posted revenue of $229 million and a non-GAAP profit of 2 cents a share, ahead of the Street at $226.5 million and a penny a share. The online jobs board said� bookings in the quarter were up 26% from a year ago.
For Q4, Monster sees revenue of $258 million to $272 million, above the Street at $251.8 million. The company sees non-GAAP profits of 4-8 cents a share; the Street has been expecting 5 cents. Monster sees bookings in Q4 up 26%-32% from a year ago.
For the full year, Monster expects revenue of $919 million to $933 million, with a loss of 5-9 cents a share; the Street has been projecting $908.5 million and a loss of 9 cents.
For 2011, the company sees revenue and bookings growth in the 20%-25% range.
MWW in late trading is up $1.51, or 10.5%, to $15.90.
No comments:
Post a Comment