51job, Inc. JOBS announced today unaudited financial results for the third quarter of 2010 ended September 30, 2010.
Third Quarter 2010 Financial Highlights:
- Total revenues increased 23.7% over Q3 2009 to RMB271.6 million (US$40.6 million), exceeding the Company's guidance range of RMB255 million to RMB265 million
- Online recruitment services revenues increased 58.4% over Q3 2009 to RMB142.7 million (US$21.3 million)
- Gross margin expanded to 68.4% compared with 62.4% in Q3 2009
- Operating income increased 72.0% to RMB68.9 million (US$10.3 million) compared with RMB40.1 million in Q3 2009
- Fully diluted earnings per common share were RMB1.10 (US$0.33 per ADS)
- Excluding share-based compensation expense and foreign currency translation loss as well as their related tax impact, non-GAAP adjusted fully diluted earnings per common share were RMB1.26 (US$0.38 per ADS), exceeding the Company's guidance range of RMB0.95 to RMB1.05
- Cash and short-term investments increased to RMB1,512.6 million (US$226.1 million) as of September 30, 2010
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