In addition to missing Q2 estimates, Monster (NYSE:MWW) is guiding for Q3 EPS of $0.00-$0.04, below a $0.10 consensus.
Shares losses to LinkedIn (saw 49% Q2 Talent Solutions growth) continue taking a toll: North American careers revenue rose 1% Y/Y to $110.3M, international careers fell 5% to $68.3M, and online ads/fees fell 13% to $15.9M.
Op. margin fell to 7.1% from 11%, and $12M was spent on buybacks. Monster says it has "realigned" its North American and European salesforces to "support our new product strategy and ensure the breadth and depth of our new product offerings will be fully utilized by our global customers."
Q2 results, PR