Key Developments For 51Job, Inc.
51Job, Inc. (JOBS.O) (Nasdaq)
51job, Inc. Issues Q4 2009 Outlook; Announces Resignation Of CFO
51job, Inc. announced that for the fourth quarter of 2009, it expects revenue to be estimated range of RMB215 million to RMB225 million (USD31.5 million to USD33.0 million). The Company also announced that excluding share-based compensation expense and any foreign currency translation loss or gain, the Company's non-GAAP fully diluted earnings target for the fourth quarter of 2009 is in the estimated range of RMB0.58 to RMB0.68 per common share (USD0.17 to USD0.20 per ADS). The Company also announced the resignation of Peter Lui as Chief Financial Officer (CFO) effective immediately, due to personal reasons. While the Company commences a search for his successor, Kathleen Chien, Chief Operating Officer, will assume responsibility for the Company's finance and accounting operations as acting CFO.
51job, Inc. Issues Q3 2009 Outlook Above Analysts' Estimates
51job, Inc. announced that for the third quarter of 2009, it expects revenue in the range of RMB 198 to RMB 208 million (USD 29.0 to USD 30.5 million). Excluding share-based compensation expense and any foreign currency translation loss or gain, the Company's non-GAAP fully diluted earnings target for the third quarter of 2009 is in the range of RMB 0.48 to RMB 0.58 per common share (USD 0.14 to USD 0.17 per ADS). According to Reuters Estimates, analysts on an average were expecting the Company to report earnings per share (EPS) of USD 0.01 on revenue of USD 28.2 million for the same period.
51job, Inc. Issues Q2 2009 Outlook
51job, Inc. announced that for the second quarter of 2009, it expects the revenue target is in the estimated range of RMB175 million to RMB185 million ($25.6 million to $27.1 million). Excluding share-based compensation expense and any foreign currency translation loss or gain, the Company's non-GAAP fully diluted earnings target is in the estimated range of RMB0.22 to RMB0.32 per common share ($0.06 to $0.09 per ADS).
51job, Inc. And Recruit Co., Ltd. Announce Termination Of Business Alliance Agreement
51job, Inc. and Recruit Co., Ltd., announced that they have mutually agreed to terminate the business alliance agreement entered into on April 5, 2006, effectively.
51job, Inc. Appoints Peter Lui As CFO
51job, Inc. announced that Mr. Peter Lui has joined the Company as its Chief Financial Officer (CFO).
