LinkedIn Q2 Earnings Repels Concerns As Stock Rises

By | August 1, 2014

Scalper1 News

LinkedIn stock was up 9.5% midday Friday after the company late Thursday posted second-quarter earnings that exceeded analyst consensus estimates across the board. The social networking site geared to business professionals reversed concerns about slowing growth, as Q2 revenue rose 47% from the year-earlier quarter to $534 million. Earnings per share minus items climbed 34% to 51 cents. LinkedIn (LNKD) also raised Q3 and full-year guidance above Scalper1 News

Scalper1 News