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Jobs websites report Q1 earnings

May 05, 2014

LinkedIn Corp. (NYSE: LNKD) revenue rose 45.7 percent in the first quarter to $473.2 million. However, the Mountain View, Calif.-based social networking firm reported a net loss of $13.3 million compared to net income of $22.6 million in the first quarter of last year.

Monster Worldwide Inc. (NYSE: MWW) revenue fell 6.5 percent in the first quarter to $198.1 million. Monster’s net income slipped 35.0 percent to $3.2 million. However, the Weston, Mass.-based jobs site reported progress on its strategic growth plan including the acquisition of social recruiting technology firms TalentBin and Gozaik.

CareerBuilder is reported by Gannett Co. Inc. (NYSE: GCI) in the company’s “digital segment.” Revenue in that segment rose 2.8 percent in the first quarter to $179.7 million. The increase was driven primarily by solid growth at CareerBuilder, Gannett reported. CareerBuilder announced its acquisition of Broadbean shortly after the end of the first quarter.

Dice Holdings Inc. (NYSE: DHX) reported first-quarter revenue rose 20.3 percent in the first quarter to $60.7 million. It posted net income of $4.4 million, down 37.9 percent from net income of $7.1 million in the first quarter of last year.

CareerBuilder

  Q1 2014 (000s) Q1 2013 (000s) % growth
Operating revenue* $179,700 $174,900 2.8%
*CareerBuilder is reported as part of Gannett Co. Inc.'s (NYSE: GCI) "digital segment" which includes other digital properties.

Dice Holdings Inc. (NYSE: DHX)

  Q1 2014 (000s) Q1 2013 (000s) % growth
Revenue $60,690 $50,435 20.3%
Net income $4,395 $7,075 -37.9%

LinkedIn Corp. (NYSE: LNKD)

  Q1 2014 (000s) Q1 2013 (000s) % growth
Net revenue $473,193 $324,705 45.7%
Net revenue by geography:      
U.S. revenue $284,878 $201,403 41.4%
International revenue $188,315 $123,302 52.7%
Total: $473,193 $324,705 45.7%
Net loss/net income -$13,319 $22,616  

Monster Woldwide Inc. (NYSE: MWW)

  Q1 2014 (000s) Q1 2013 (000s) % growth
Revenue $198,149 $211,986 -6.5%
Revenue by geography/segment:      
Careers-North America $111,647 $115,935 -3.7%
Careers-International $70,604 $77,719 -9.2%
Internet advertising & fees $15,898 $18,332 -13.3%
Total: $198,149 $211,986 -6.5%
Net income $3,239 $4,984 -35.0%