Monster Worldwide (MWW) Releases Earnings Results, Misses Expectations By $-0.05 EPS

Monster Worldwide (MWW) reported quarterly earnings results on Tuesday, Aug-9-2016. The company reported $-0.02 earnings per share for the quarter, missing the analyst consensus estimate by $-0.05. Analysts had a consensus of $0.03. The company posted revenue of $150.90 million in the period, compared to analysts expectations of $156.59 million. The company’s revenue was down -16.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.10 EPS.

Monster Worldwide opened for trading at $2.7 and hit $2.8 on the upside on Monday, eventually ending the session at $2.77, with a gain of 4.92% or 0.13 points. The heightened volatility saw the trading volume jump to 9,74,851 shares. Company has a market cap of $246 M.

In a different news, on May 18, 2016, Michael Connolly Miller (EVP, GC and Secretary) sold 9,399 shares at $2.65 per share price. According to the SEC, on Feb 18, 2016, Gillian Munson (director) purchased 10,000 shares at $2.91 per share price. On Feb 16, 2016, Timothy T Yates (CEO) purchased 25,000 shares at $2.93 per share price, according to the Form-4 filing with the securities and exchange commission.

Monster Worldwide Inc. is engaged in connecting people to jobs. The Company offers services in over 40 countries providing job seeking career management recruitment and talent management capabilities. The Company operates in three segments: Careers-North America Careers-International and Internet Advertising & Fees. The Company’s Careers North America and International segments works by connecting employers with job seekers at various levels and by providing searchable jobs and career management resources online in North America Europe and Asia markets. Its Internet Advertising & Fees business operates a network of Websites that connect companies to targeted audiences. Its services and solutions include: searchable job advertisements; resume database access; recruitment media solutions through its advertising network and partnerships; Twitter Cards and social job distribution; social profile aggregation and other career-related content.

Monster Worldwide

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