Monster Worldwide (MWW) Tops Q2 EPS by 2c

Monster Worldwide (NYSE: MWW) reported Q2 EPS of $0.10, $0.02 better than the analyst estimate of $0.08. Revenue for the quarter came in at $180 million versus the consensus estimate of $179.92 million.

Monster Worldwide sees Q3 2015 EPS of $0.09-$0.13, versus the consensus of $0.09. The Company expects to exit 2015 with a fourth quarter EBITDA margin of between 18-22%.

"Our quarterly results exceeded our expectations as we continue to execute our transformative strategy while improving profitability," said Tim Yates, President and Chief Executive Officer. "We are increasingly confident that our family of new strategic products are additive to our traditional core products and provide a superior competitive solution for our customers. Our focus on sales execution in North America is beginning to prove effective. Internationally, our Asia Pacific region also continues to perform well. Europe is lagging North America and Asia Pacific as we continue to encounter market and competitive headwinds. We believe that our consolidated revenue is at or near an inflection point and we remain on track to achieve our 18-22% EBITDA target exiting this year's fourth quarter."

For earnings history and earnings-related data on Monster Worldwide (MWW) click here.

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