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Monster Worldwide (MWW) Report Prelim. Q3 Revenue Drop of ~14%

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Monster Worldwide Announces Preliminary Revenue for the Third Quarter 2016

October 6, 2016 7:30 AM EDT

WESTON, Mass., Oct. 6, 2016 /PRNewswire/ -- Monster Worldwide, Inc. (NYSE: MWW) ("Monster" or "the Company") today provided a statement on its expected revenue for the third quarter ended September 30, 2016.

The Company expects revenue from continuing operations to be in the range of $143 million to $145 million. This result is down approximately 14% from third quarter 2015 revenue of $167.1 million.

"Q3 continued to be a challenging business environment," said Tim Yates, CEO, Monster Worldwide. "While we are gaining traction in North America as a result of our new product initiatives and pay per click... More