LinkedIn Q2 Earnings, Outlook Top Consensus Views

By | July 30, 2015

Scalper1 News

LinkedIn reported better-than-expected Q2 earnings after the market close Thursday, but the stock reversed downward after an initial spike in after-hours trading. LinkedIn (LNKD) reported Q2 revenue of $711.7 million, beating the consensus estimate of $680 million and up 33% from the year-earlier quarter. Earnings per share minus items rose 8% to 55 cents, the slowest growth in four quarters but beating the 30-cent estimate of analysts polled by Thomson Scalper1 News

Scalper1 News