Monster Income Falls Short

  • February 1, 2005
Monster Worldwide Inc. reported yesterday that its income doubled in the latest quarter from the previous year, helped by a 64 percent increase in revenue at its online job-listings service. The New York-based company, however, forecast first-quarter earnings slightly below Wall Street expectations, pushing the stock lower in after-hours trading. Monster said late Tuesday that it had fourth-quarter net income of $24.5 million, or 20 cents a share, compared with $12.1 million--or 11 cents a share--a year earlier.

--Gavin O'Malley

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