Global job board Monster has announced its financial performance “exceeded expectations” for the sixth consecutive quarter, despite a decrease in revenue.

Its latest unaudited financial statement, released yesterday and covering the quarter and full year to 31 December 2015, shows:

• Q4 adjusted EBITDA (earnings before income, taxes, depreciation and amortisation) from continuing operations of US$28.9m (£19.8m), up 36% year-on-year and 3% sequentially (2014 Q4: $21.3m) 

• Q4 revenue of $159.2m, down 9%, or down 6% in constant currency year-on-year (2014 Q4: $175.3m)

• Q4 net income of $56m, compared to a $289.7m loss in the same period last year

• Full-year revenue decreased 8% (4% in constant currency) to $666.9m (2014 Q4: $725.6m)

• Full-year net income of $73.6m, compared to a $289.3m loss in 2014

In an accompanying statement, Monster chief executive Tim Yates said the firm “underperformed” in North America “as a result of competitive pressures and seasonality, as well as macro considerations in Canada”.

No more detail was given.

The company also announced:

• It has expanded Social Job Ads, its social recruitment advertising platform, beyond Twitter to distribute job ads on Facebook

• It has entered a joint venture with kununu, a subsidiary of German professional networking platform Xing that aims to increase employer transparency through ratings and reviews. The partnership will initially focus on the US.