Saturday, February 09, 2013

Quarterly data LinkedIn exceeded expectations

Professional social network LinkedIn yesterday showed the quarterly results was higher than market expectations amid growing customer base and increase sales.

In the fourth quarter of 2012, revenues increased by 81% to 303.6 million dollars, exceeding market expectations at 279.7 million dollars. Operating profit was 35 cents a share, well above the forecast of 19 cents a share.

In the fourth quarter of LinkedIn user base grew by 8% to 202 million. The company said that LinkedIn continues to position itself as a resource for HR professionals as well as those looking for work. The company's revenue from paid services network that are directly related to the search and selection of new staff, was 161 million, up 90% from a year earlier. Now the company's revenue from advertising and from paid services is divided equally.

In the wake of publication of positive quarterly data, the paper company in New York rose in price by 12% to 124.09 dollars. Since its IPO in May of 2011 paper LinkedIn surged nearly tripled. For comparison, the paper has been placed Facebook fell 25%, Groupon and Zynga - more than 70%.


LinkedIn expects that in the first quarter of this year, sales of the resource will make 305-310 million, while full-year revenue is expected to be 1,41-1,44 billion.

Revenue for the fourth quarter of display advertising grew by 68% to 83.2 million. Net income in the fourth quarter was $ 11.5 million dololarov or 10 cents per share, compared to U.S. $ 6.92 million, or 6 cents per share.

Over 200 million professionals use LinkedIn to exchange information, ideas, and opportunities.

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