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CareerBuilder Reports North American Revenue

by
John Zappe
Feb 4, 2010, 6:00 pm ET

Job board revenues 2009CareerBuilder released its North American revenue numbers today, which show that while it has been hurt by the recession, it’s still ahead of its closest competitor.

For the fourth quarter, CareerBuilder reported $131 million in revenue, a 30.5 percent decline from the last quarter of 2008. For the whole year, CareerBuilder’s North American revenue was $542 million, down 26.7 percent from the year before.

As a privately held company, CareerBuilder isn’t required to report any of its financials. It releases North American revenues voluntarily and has for some years. However, the company doesn’t disclose its international income or provide a profit and loss statement.

Monster, though behind in North America, has been aggressively growing its international business. In the fourth quarter of 2009, its international revenue nearly matched its combined U.S. and Canadian revenue.

This article is provided for informational purposes only and is not intended to offer specific legal advice. You should consult your legal counsel regarding any threatened or pending litigation.

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