Monster Worldwide sees Q1 op expenses exceeding market forecasts

martes 18 de marzo de 2008 23:39 CET
 

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)