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LinkedIn Corp Issues Q4 2013 Guidance Below Analysts' Estimates; Raises FY 2013 Guidance

Tuesday, 29 Oct 2013 04:05pm EDT 

LinkedIn Corp announced that for the fourth quarter of 2013, it expects revenue to range between $415 million and $420 million. Adjusted EBITDA is expected to range between $98 million and $100 million. For fiscal 2013, revenue is revised upwards to approximately $1.5 billion. Adjusted EBITDA is also revised upwards to approximately $364 million. According to I/B/E/S Estimates, analysts were expecting the Company to report revenues of $438 million and EBITDA of $109 million for fourth quarter of 2013; revenues of $1.5 billion and EBITDA of $373 million for fiscal 2013. 

Company Quote

-23.89 -10.52%
4:00pm EDT