Monster Worldwide Q3 Profit From Cont. Ops. Decreases - Quick Facts

(RTTNews) - Monster Worldwide Inc. (MWW) reported that its third-quarter income from continuing operations decreased to $8.17 million or $0.08 per share, from $41.11 million or $0.37 per share, last year. Net income for the quarter was $11.27 million or $0.11 per share, compared to a loss of $194.24 million or $1.73 per share, prior year. Adjusted net income was $8.17 million or $0.08 per share, for the quarter.

On average, eight analysts polled by Thomson Reuters expected the company to report profit per share of $0.08 for the quarter. Analysts' estimates typically exclude special items.

Revenue declined to $196.82 million, from $220.82 million, last year. Analysts expected revenue of $200.60 million for the quarter.

The company expects its fourth-quarter Non-GAAP earnings per share from continuing operations to be in the range of $0.09 to $0.13, which excludes approximately $8 million of stock-based compensation expense. Analysts expect the company to report fourth-quarter profit per share of $0.09.