Monster Worldwide (MWW) Posts Surprise Q3 Loss

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Monster Worldwide Reports Third Quarter 2016 Financial Results

October 21, 2016 7:30 AM EDT

WESTON, Mass., Oct. 21, 2016 /PRNewswire/ -- Monster Worldwide, Inc. (NYSE: MWW) today reported financial results for the third quarter ended September 30, 2016 and a GAAP to Non-GAAP reconciliation schedule for the third quarter ended September 30, 2016.

Third Quarter Financial Results

Revenue from continuing operations of $144.8 million decreased 13% at both actual and constant rates year over year.  Revenue from the Company's Careers North America operations decreased 16% year over year to $99.7 million.  Revenue from Careers International of $45.0 million was down 6% at actual rates and 2% in constant currency compared with the 2015 third quarter.

Total GAAP operating expenses from... More