While much of the attention was on Yahoo!, Inc. (NASDAQ: YHOO), Google, Inc. (NASDAQ: GOOG) and Microsoft Corporation (NASDAQ: MSFT) today, there was actually some good news for other Net stocks. Take Monster Worldwide (NASDAQ: MNST).
For its Q4, Monster reported a 15% increase in net income to $45 million, or $0.36 cents per share. Oh, and revenues spiked 59% to $354 million.
True, the North American market was weak (especially in the financial services space because of the subprime meltdown). However, Monster is seeing lots of traction in foreign markets, such as in Europe, India and South Korea.
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