Stock Research

LinkedIn Climbs On Q1 Beat, Acquisition

Posted on May 03, 2012 at 16:21 PM EDT

LinkedIn (LNKD) was moving up following its first-quarter earnings report. The company said it earned $5 million, or four cents a share, compared to $2.1 million in the year ago period. Non-GAAP earnings came in at $16.9 million, or 15 cents a share. Revenue was$188.5 million, up 101%. Analysts were expecting the company to earn [...]

LinkedIn (LNKD) was moving up following its first-quarter earnings report.

The company said it earned $5 million, or four cents a share, compared to $2.1 million in the year ago period. Non-GAAP earnings came in at $16.9 million, or 15 cents a share.

Revenue was$188.5 million, up 101%.

Analysts were expecting the company to earn 9 cents a share on revenue of $178.8 million.

The company also said it was purchasing SlideShare, professional content sharing community, in a cash-and-stock deal worth approximately $118.75 million.

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