UPDATE: Monster revenue down 34 percent in Q2 09

31 Jul 2009

Q2 2009 revenue at Monster was down from $354 million last year to $224 million this year. Excluding the effects from currency and the contribution from the Monster-owned China HR organic revenue declined 34 percent compared with last year.

North America revenue was down 38 percent to $102 million.

Non-GAAP operating expenses decline $60 million or 22% over the prior year

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Brian Blum

Brian Blum covers the U.S., Canada and Israel for Classified Intelligence Report, and contributes to our special reports and research projects. Originally from San Francisco and now based in Jerusalem, he has been with the AIM Group since 2004. He is the president of Blum Interactive Media, specializing in writing and multimedia content development for online, print, video and audio. His clients include newspapers, universities and non-profits. He is currently working on a book about the billion-dollar bankruptcy of a once high-flying Israeli startup.