News: LinkedIn Corp (LNKD.N)

LNKD.N on New York Stock Exchange

213.00USD
1 Aug 2013
Price Change (% chg)

$9.21 (+4.52%)
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Thu, Aug 1 2013

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LinkedIn membership and revenue soar, mobile outlook promising

SAN FRANCISCO - LinkedIn Corp sailed passed Wall Street's expectations with second-quarter revenue jumping 59 percent, as its efforts to become a highly trafficked website and popular mobile app paid off with robust membership growth.

UPDATE 3-LinkedIn membership and revenue soar, mobile outlook promising

* Q2 revenue up 59 pct to $363.7 mln vs $353.8 mln consensus

LinkedIn revenue soars as membership growth rate rises

SAN FRANCISCO - LinkedIn Corp reported revenue jumped 59 percent to $363.7 million in the second quarter after membership grew at a faster pace for the first time since late 2011.

UPDATE 2-LinkedIn revenue soars as membership growth rate rises

SAN FRANCISCO, Aug 1 - LinkedIn Corp reported revenue jumped 59 percent to $363.7 million in the second quarter after membership grew at a faster pace for the first time since late 2011.

LinkedIn boosts security, offering similar technology as Twitter

- LinkedIn Corp unveiled technology to improve the security of the social networking site for professionals, about a week after Twitter introduced similar tools following a surge in high-profile attacks on its users.

LinkedIn boosts security, offering similar technology as Twitter

May 31 - LinkedIn Corp unveiled technology to improve the security of the social networking site for professionals, about a week after Twitter introduced similar tools following a surge in high-profile attacks on its users.

Wall Street analysts remains bullish on LinkedIn, investors not so sure

- Wall Street took a long-tem view on LinkedIn Corp's prospects on Friday, with at least six brokerages raising their price targets despite the company's slower-than-expected shift to a marketing model based on selling ads on news feeds.

LinkedIn second-quarter revenue forecast falls short of targets

SAN FRANCISCO - LinkedIn Corp shares fell 10 percent on Thursday after disappointing revenue forecasts suggested that a revamped mobile app and other new products designed to keep smartphone users engaged will not deliver on advertising growth as quickly as anticipated.

UPDATE 4-LinkedIn Q2 revenue forecast falls short of targets

* Advertising growth moderate, recruiting services strong (Adds CFO comments, analyst comments, details from call)

UPDATE 1-LinkedIn Q2 revenue forecast falls short of targets

SAN FRANCISCO, May 2 - LinkedIn Corp forecast second-quarter revenue that fell short of expectations, sending its shares down roughly 8 percent in after hours trading on Thursday.

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