Monster Posts 10 Percent Q2 Revenue Decline; Europe Weighs Heavily

August 12, 2013 – Monster Worldwide, Inc./(NYSE:MWW) has posted revenues of $200.1 million for the second quarter ended June 30, 2013, a decline of 10.1 percent from revenues of $225 million in the comparable quarter of 2012. Although revenues from North America were up slightly on a year-over-year basis, revenues from Europe and Asia-Pacific were down 22 percent and eight percent from the year-ago quarter, respectively. Net income from continuing operations for the second quarter was $4.1 million, or $0.04 per share, which included $5.4 million of non-recurring charges, compared to $9.0 million, or $0.08 per share in the second quarter 2012, which included $1.9 million of non-recurring charges. “While the global economy has continued to put pressure on our business, with Europe being our weakest region, we were encouraged to see some stabilizing trends in each of our major markets during the quarter,” said Sal Iannuzzi, president and CEO. “Our second quarter results demonstrate our ability to control costs and protect profitability, even in a challenging market environment. And consistent with our objective to enhance shareholder returns, we successfully repurchased $23 million worth of our shares.”

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