Monster Worldwide sees Q1 op expenses exceeding market forecasts
March 18 (Reuters) - Monster Worldwide Inc (MNST.O: Cotización), parent of Internet jobs site Monster.com, said it expects first-quarter total operating expenses, excluding certain costs, to exceed market estimates.
The company expects first-quarter non-GAAP operating expenses of $327 million to $333 million as it anticipates "a disproportionate amount of marketing expense due to production and media costs."
Monster said in a statement that it expects a return to more normal marketing expense levels in future periods. (Reporting by Purwa Naveen Raman in Bangalore; Editing by Pratish Narayanan)
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