Monster Worldwide, Inc. said today that based on preliminary data available at this time, revenue for the first quarter ended March 31, 2007 is expected to be in the range of $328 to $329 million, or slightly below the revenue outlook of $330-$338 million provided on February 1, 2007. The expected revenue increase of approximately 28% for the first quarter reflects continued rapid revenue growth in the Companyís International Careers segment, and reduced growth rates in the North America Careers and Internet Advertising and Fees businesses.
Monster Worldwide also stated that it continues to expect its financial results for the year 2007 to be within the ranges provided in the Business Outlook provided on February 1, 2007. The Company continues to achieve greater operating efficiencies and manage costs tightly, while also funding important growth initiatives within the overall strategic growth plan. Monster Worldwide maintains a positive view toward what it believes are significant growth opportunities within the global online recruitment and Internet advertising markets.
Monster Worldwide will report complete First Quarter financial results on April 26, 2007 and will hold a conference call with the investment community at 10:00 am ET to discuss its actual financial results.
Monster Worldwide Comments on Expected First Quarter and Full Year 2007 Results
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