LinkedIn Allays Growth Concerns With Strong Earnings

By | July 31, 2014

Scalper1 News

LinkedIn maintained a string of earnings success stories from social networking companies with a strong second-quarter report late Thursday. The professional networking site reversed concerns about slowing growth as Q2 revenue rose 47% to $534 million from the year-earlier period and topped estimates for $511 million. That halted five straight quarters of decelerating growth. LinkedIn’s (LNKD) earnings per share minus items climbed Scalper1 News

Scalper1 News