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51Jobs: 1Q Earnings Snapshot

May 8, 2020 GMT

SHANGHAI (AP) _ 51Jobs Inc. (JOBS) on Thursday reported first-quarter net income of $29 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Shanghai-based company said it had profit of 43 cents. Earnings, adjusted for non-recurring costs, were 46 cents per share.

The human resources and online jobs company posted revenue of $111.7 million in the period.

For the current quarter ending in July, 51Jobs expects its per-share earnings to range from 61 cents to 68 cents.

The company said it expects revenue in the range of $109.5 million to $116.5 million for the fiscal second quarter.

51Jobs shares have declined 28% since the beginning of the year. The stock has fallen 30% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JOBS at https://www.zacks.com/ap/JOBS