LinkedIn Beats In Q4 With Revenue Of $447.2M, But Growth Concerns Dampen After Hours Trading

TechCrunch

Today, following the close of regular trading, LinkedIn reported its fourth-quarter financial performance, including revenue of $447.2 million and non-GAAP earnings per share of $0.39 . Analysts had expected the company to report non-GAAP profit of $0.38 per share on revenue of $437.84 million.

In regular trading, LinkedIn was broadly higher, besting the market and gaining more than 4 percent. In after-hours trading, LinkedIn is sharply lower. The company has previously forecasted that its revenue for the period would land between $415 million to $420 million.

In the sequentially preceding quarter, LinkedIn had revenue of $393 million, and earnings per share of $0.39 (non-GAAP).

LinkedIn reported that it now has 277 million members. In its own release, LinkedIn called the results “solid.”

The company’s Talent Solutions division has revenue of $245.6 million in the quarter. Its Marketing Solution group had revenue of $113.5 million. And, finally, its Premium Subscription business took in revenue of $88.1 million in the period.

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