Monster Worldwide reports loss; exits Brazil, Mexico & Turkey
Feb 7 (Reuters) - Online recruitment company Monster Worldwide Inc, which is up for sale, reported a quarterly loss and said it had exited its businesses in Brazil, Mexico and Turkey.
Monster reported a net loss of $73 million, or 66 cents per share, in the fourth quarter, from $10.9 million, or 9 cents per share, a year earlier.
Excluding items, the company earned 8 cents per share.
Revenue dropped 10 percent to $211.2 million.
The parent of Monster.com retained Stone Key Partners and Bank of America Merrill Lynch in March 2012 to review strategic alternatives including a sale of the company.
- Malaysian plane presumed crashed; questions over false IDs |
- China draws 'red line' on North Korea, says won't allow war on peninsula
- Warning shots fired to turn monitors back from Crimea |
- Malaysian plane crashed off Vietnam coast: state media