Monster Worldwide reports loss; exits Brazil, Mexico & Turkey

Thu Feb 7, 2013 7:44am EST

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.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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