Author: 123jump.com Staff
123jump.com
Last Update: 3:41 AM EDT May 28 2008
The global online employment solution reported earnings of $22.59 million or 18 cents a share, down 43% as margins dropped from 23.7% to 12.4% after total operating expenses went up by 25%. Total revenue increased 13% to $370 million with Careers Revenue Up 16%. Restructuring efforts have allowed Monster to eliminate redundancies and inefficiencies, resulting in an annualized savings of more than $120 million.
Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites.
Market data: BATS Exchange. Inc.
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