Monster Worldwide Q4 Loss Narrows - Quick Facts

(RTTNews) - Online recruitment company Monster Worldwide, Inc. (MWW) Thursday reported fourth-quarter net loss attributable to the company of $20.12 million or $0.21 per share, narrower than $73.03 million or $0.66 per share in the previous year. The prior-year quarter had a loss from discontinued operations totaling $0.61 per share.

The company said its recent-quarter result included $0.26 of non-cash income tax expense mainly related to South Korean transaction.

Excluding item, non-GAAP earnings were $0.11 per share, while it was $0.12 per share in the year-ago quarter.

On average, seven analysts polled by Thomson Reuters expected the company to earn $0.06 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues for the quarter fell to $198.72 million from $211.24 million in the preceding year. Analysts estimated revenues of $195.30 million for the quarter.

Total operating expenses were $188.73 million, lower than $212.23 million a year ago.

Looking ahead to the first quarter, the company expects non-GAAP earnings from continuing operations to be in the range of $0.06 to $0.10 per share, which excludes approximately $9 million of stock-based compensation.

Street analysts expect the company to report earnings of $0.06 per share for the quarter.

MWW closed Wednesday's regular trading at $5.89 on the NYSE. In the pre-market activity on Thursday, the shares are up 12.90 percent.