Posted by Market Wrap Daily | Posted in: Earnings, NASDAQ: LNKD
LinkedIN (NASDAQ: LNKD) beats Wall Street expectations
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LinkedIn (NASDAQ: LNKD) which went public in May, said net income was $6.9 million, or 6 cents a share.
Earnings excluding items were 12 cents a share.
Revenue doubled to $167.7 million from $81.7 million a year ago.
Analysts had expected the company to report earnings excluding items of 7 cents per share on revenue of $160 million.
