Why 51job, Inc. Stock Plunged Today [The Motley Fool]
51job, Inc. - American Depositary Shares, each representing two common shares (JOBS)
Last 51job, inc. - american depositary shares, each representing two common shares earnings: 8/5 04:15 pm
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US:NASDAQ Investor Relations:
ir.51job.com
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Source: The Motley Fool
Light guidance overshadowed solid quarterly results from the Chinese online recruiter. Steve Symington ( TMFSymington ) Aug 3, 2018 at 3:39PM What happened Shares of 51job Inc. ( NASDAQ:JOBS ) were down 20.2% as of 3:20 p.m. EDT Friday after the Chinese online recruiting leader announced mixed second-quarter 2018 results and disappointing forward guidance. On the former, 51job's revenue climbed 33% year over year, to $135.3 million, and translated to an adjusted net income of $54.2 million, or $0.82 per share. Both figures exceeded the company's own guidance, and consensus estimates predicted lower earnings of $0.65 per share on higher revenue of $138.8 million. IMAGE SOURCE: GETTY IMAGES. So what 51job's growth was broad-based, as well, with online recruitment-services revenue climbing 32.5%, to $88.9 million, and other HR-related reve
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