Seeking Alpha
About this author:

Monster Worldwide (ticker: MNST) met consensus estimates for Q1, but guided slightly below consensus for Q2. Details:


Q1 Results
(all percentage changes and comparisons are year on year, unless stated otherwise)

  • Revenue up 35% to $246.9 million, versus consensus of $246 million.
  • The Monster division's revenue was $189.5 million, up 55%, and accounted for 77% of total revenue.
  • Advertising and communication revenue was $41.5 million,
  • Directional marketing revenue was $15.9 million.
  • Organic revenue growth was 21%.
  • Organic growth for the online business was 34%.
  • The Monster division's deferred revenue up 49% (and 5% sequentially) to $240.8 million at end quarter.
  • EBITDA margin up 230 basis points to 18.0%.
  • Net income was $20.6 million.
  • EPS $0.17, in-line with consensus.
  • Cash generated from operating activities was $41.4 million.
  • Free cash flow was $32.7 million.

Q1 Guidance

  • Revenue of $253 million versus consensus of $256 million.
  • EPSof $0.19-$0.20, versus consensus of $0.20.

Full Year 2005 Guidance

  • Revenue of $1.045 billion versus consensus of $1.040 billion.
  • EPS of $0.88 versus consensus of $0.87.

Press release here. And for comparison, MNST's Q1 results are here.

3 month stock chart below.
Big_6


Unrelated footnote:
Mother's day is Sunday, May 8th. Gift ideas: Subscription to Oprah Magazine (you love her) or Chanel No. 5 (you love her and The Internet Stock Blog has made you wealthy).