Monster CSM Inc raised its Full-year performance forecasts

According to foreign media reports, as the global economic recovery, as well as the sharp increase in the amount of company orders, AOL Recruitment service Company Monster CSM Inc. has raised its full-year performance forecasts, the company currently operates monster and HotJobs two job sites. By this effect, the company's shares in the intraday trading rose 10%.

While there has been no significant increase in job opportunities in developed countries such as Western Europe and the US, demand for online recruiting has increased. This September, monster up an estimate of the demand for us online hiring.

Monster said that the company's third-quarter order volume increased by 26%, up to 235 million U.S. dollars, to China's order has grown rapidly. Monster now expects the company's annual order will be increased 23-24%, the year after the loss of 5 to 9 cents per share, revenue of 9.19-933 million U.S. dollars, industry analysts expect the company loss of 10 cents per share, revenue of 917 million U.S. dollars. Monster expected the company to lose 6 to 14 cents a year in July this year, with a revenue of 8.9 to 925 million dollars.

Monster completed a takeover of rival Hotjobs.com this year and signed a three-year traffic agreement with Yahoo. Monster said in an analyst conference call, the recent introduction of the resume Search service, namely PRS, in France has aroused the user's great interest.

Monster reported a loss of $5.7 million in the third quarter, 5 cents per share, and a net income of 32.8 million dollars a year, 27 cents a share. Excluding non-recurrent items, the company gains 2 cents per share, and industry analysts expect the company to break even. Monster's third-quarter revenue rose 7% to $228 million trillion, with Wall Street analysts predicting $229 million trillion.

Monster shares were traded on the New York Stock Exchange, which was closed at $14.39 in Thursday and rose 10% per cent in the intraday trading to $15.91. Monster and Yahoo signed a multi-year traffic agreement at the end of August this year, and Monster's shares have risen 35% per cent since then.