Login  |  Register

LinkedIn Q2 Earnings Beat The Street: $228.2M In Sales; EPS of $0.03

LinkedIn has just released Q2 earnings, and the enterprise-focused social network continues to rise. It's posted revenues of $228.2 million and earnings per share of $0.03  (non-GAAP EPS: $0.16). This puts the company past earnings estimates from First Call of $216.3 million, and Yahoo Finance, which had estimated revenues of $216 million. It also beat First Call's EPS of $0.01, as well as LinkedIn's own guidance of revenues of $210-$215 million.

Q2 saw LinkedIn get hit with what might have been its worst publicity disaster in recent times, when some 6.5 million passwords were stolen. Although the company moved quick to...

read more...

Share |

Published By: Techcrunch - Thursday, 2 August, 2012