czwartek, 6 lutego 2014

LinkedIn's outlook misses Wall Street estimates

The logo for LinkedIn Corporation, a social networking networking website for people in professional occupations, is shown in Mountain View LinkedIn Corp delivered revenue forecasts that fell short of Wall Street's expectations, deflating hopes that the high-flying professional social network can sustain its growth streak and sending its stock 8 percent lower. LinkedIn has beaten top-line targets every quarter since the company went public in 2011. LinkedIn's membership climbed 7 percent to 277 million worldwide, from 259 million at the end of the third quarter. LinkedIn posted a 20 percent rise in non-GAAP net income to $48.2 million in 2013's fourth quarter, on better-than-expected revenue of $447.2 million.








via Tech News Headlines - Yahoo News http://ift.tt/1fXTGAO

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