Our first six weeks have been busy and we’ve seen lots of news from the Job Board world. One of the first things we’d like to share is our event, The North American Job Board Summit. This is now in its second year and taking place in Orlando on the 26-27th June. The event will see hundreds of senior job board executives meet to discuss topics and challenges that the industry faces today. This will include the mobile candidate, pricing, how to add value and retain clients, generating new revenue opportunities and much more.
It’s a great event to connect and network, meet old friends and touch base with industry vendors in a relaxed atmosphere.
LinkedIn buys Job Matching Company as it plans for Job Postings Boom
LinkedIn made history today in a way. For the first time since going public three years ago the company’s stock price dropped even though they beat Wall Street’s expectations for earnings and revenue. For good measure they also announced they had acquired a fast-growing matching-based Job Board for not much cash.
Reporting its fourth quarter financial performance after the markets closed this afternoon, LinkedIn said it earned 39 cents a share on revenue of $447.2 million. The company simultaneously announced it had acquired Bright.com. Bright.com is a two year old start-up that matches jobs to seekers by scoring how well the seeker fits the position.
Monster: ‘Increasingly Optimistic’ as Company Reports Strong 2013 Finish
Global Job Board operator Monster Worldwide reported a stronger finish to 2013 than analysts were expecting, beating their average earnings estimate by 5 cents a share. They also exceeded their revenue estimate by $3.4 million.
This morning the company reported an earning of 11 cents per share versus the 6 cents per share analysts were predicting. Monster also offered a healthier outlook for the current quarter, forecasting it would earn between 6 cents and 10 cents per share.
Dice Beats on Revenue and Offers Optimistic Forecast
Despite missing on earnings, investors gave Dice Holdings a bye this morning, liking the revenue numbers it posted for the fourth quarter of 2013 as well as what the company sees for this year.
Some slowing in the niche job board company’s security clearances jobs site (ClearanceJobs.com) was more than offset by gains in other areas, and by contributions from the sites Dice acquired when it bought on onTargetjobs last fall and the IT Job Board in July. Improvement in the finance sector in Europe and Asia staunched the decline in revenue at eFinancialCareers.
“In the fourth quarter, we delivered better revenue and profitability than we thought we would in October, particularly from improvement in our finance segment,” said Dice CFO, John Roberts.
The 5 Sound Bites
- Pay for performance: is it in your future?
- Half of All Job Seekers Consult Glassdoor Reviews
- Dice Holdings, Inc. Announces New $50 Million Stock Repurchase Program
- Independent Study Finds Simply Hired Reduces Cost Per Hire (CPH) by 58%
- eQuest Captures Additional 50 Million Job Board and Social Media Performance Statistics