28.04.2016 22:13:04
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LinkedIn Corp. Q1 Earnings Rise 37%
(RTTNews) - LinkedIn Corp. (LNKD) released a profit for its first quarter that rose compared to the same period last year.
The company said its bottom line advanced to $99.47 million, or $0.74 per share. This was up from $72.54 million, or $0.57 per share, in last year's first quarter.
Analysts had expected the company to earn $0.60 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 35.0% to $860.65 million. This was up from $637.69 million last year.
LinkedIn Corp. earnings at a glance:
-Earnings (Q1): $99.47 Mln. vs. $72.54 Mln. last year. -Earnings Growth (Y-o-Y): 37.1% -EPS (Q1): $0.74 vs. $0.57 last year. -EPS Growth (Y-o-Y): 29.8% -Analysts Estimate: $0.60 -Revenue (Q1): $860.65 Mln vs. $637.69 Mln last year. -Revenue Change (Y-o-Y): 35.0%
-Guidance: Next quarter EPS guidance: $0.74 - $0.77 Next quarter revenue guidance: $885 - $890 Mln Full year EPS guidance: $3.30 - $3.40 Full year revenue guidance: $3.65 - $3.70 Bln
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