Monster Worldwide, Inc. (MWW), the parent company of Monster.com, reported revenues of $228.8 million, up 6.7% from the year-ago quarter and up 6.5% sequentially, which beat the Zacks Consensus Estimate of $223 million. The reported figure includes a $1.8 million purchase accounting adjustment related to the HotJobs acquisition.
Monster completed the acquisition of HotJobs from Yahoo! Inc. (YHOO) in August 2010 and the third quarter financial results include approximately five weeks of HotJobs’ results.