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LinkedIn’s 4Q gets rave reviews from investors

SAN FRANCISCO (AP) â?? Online professional networking site LinkedIn quarter performance has a new line to his sterling resume as a limited company...

 

SAN FRANCISCO (AP) â?? Online professional networking site LinkedIn quarter performance has a new line to his sterling resume as a limited company.

results’ s unbroken streak exceeded analysts LinkedIn Corp. Thursday extended forecasts for both revenue and gains. It was the seventh consecutive quarter since LinkedIn IPO in May 2011 that the company has pulled it off, much to the delight of investors.

series of surprises is one of the reasons why this file is LinkedIn tripled from its initial offering price of $ 45. shares jumped November 71 dollars, or 9.4 percent, to $ 135.80 in extended trading after the results were released.

In addition to an increase of 66 percent of sales in the previous year, the last quarter was characterized by an influx of 15 million accounts to the total number of members of LinkedIn drift than 200 million. Visitors to the website LinkedIn viewed 67 pages per cent over the previous year, an indication of the company’s efforts to increase new business and career advice to add for executives of companies to bear fruit.

embrace Wall Street LinkedIn contrast to the response to cold of other Internet services to the public over the past few years. Most of them are trading below their IPO price.’s most notable Facebook Inc., whose shares worth about 25 percent lower than it was when it debuted on the market in May

Although both sites

term dedicated to connecting people with common interests, LinkedIn and Facebook are aimed at different audiences. focuses on FaceBook friends and family good time to let the stories and of the swap, while LinkedIn focuses on helping people to move and help companies fill positions.

Facebook, based in Menlo Park, is the largest of the two services, with more than 1 billion active users and $ 5.1 billion sales last year. LinkedIn, based in Mountain View, California, has 202 million accounts and a turnover of $ 972 million in 2012.

But

LinkedIn is growing rapidly, partly because it is less dependent on advertising as Facebook and most Internet services. fourth quarter, advertising accounted for 27 percent of revenue on LinkedIn. The rest comes from the various tools it sells to recruit employees to help gather more ideas from information that users may post on its website.

As a result of his conviction that the data members worth more, LinkedIn said Thursday that he intends to raise prices this year. Creation of a user profile is free. Higher prices reflect the additional information the company has built up the membership has more than doubled in less than two years, according to Steve Sordello, CFO LinkedIn. Society has no information on the increases.

LinkedIn earned $ 11.5 million, or 10 cents per share , in the course of the last three months of last year. Which compared to $ 6.9 million, or 6 cents per share, a year earlier.

If not for the cost of the compensation of employees and certain other costs , LinkedIn said it would have earned 35 cents per share. This was well above the average estimate of 19 cents per share among analysts polled by FactSet.

Sales increased by 81 percent last year to 304 million â € 24,000,000 dollars higher than analysts ‘expectations.

LinkedIn income outlook for the current quarter and all of 2013 were roughly in line with analysts’ estimates, paving the way for the company to financial barriers to detect again.

management forecasts for annual sales of $ 1.4 billion this year seems sensible, because it would lead to an increase of about 45 percent last year. In 2012, the annual income LinkedIn grew by 86 percent.

“We try a conservative approach to use the year-on-year growth, “he told analysts during a conference Sordello analysts.