LinkedIn Beats, Stock Falls, Then Rises
Advertisement
Getty Images/Mandel Ngan
LinkedIn CEO Jeff Weiner
Advertisement
The company beat expectations. But the stock fell initially in response to the report. After a few minutes of digesting the results, investors changed their minds.
The stock is basically flat now.
Complimentary Tech Event
Transform talent with learning that works
Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More
Speaking of which, here are the major numbers:
- EPS: $0.52 versus expectations of $0.47
- Revenue: $568 million, which is up 45% year-over-year, versus expectations of $557.49 million in revenue
- Q4 revenue: $600 million to $605 million versus expectations of $611.55 million
More to come, we're looking at the report now...
Advertisement
Next StoryAdvertisement
A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single 
2 states where home prices are falling because there are too many houses and not enough buyers
"To sit and talk in the box...!" Kohli's message to critics as RCB wrecks GT in IPL Match 45
7 Nutritious and flavourful tiffin ideas to pack for school
India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030
Top 5 places to visit near Rishikesh
Indian economy remains in bright spot: Ministry of Finance
