LinkedIn Eases Concerns With Strong Q3 Earnings

By | October 29, 2015

Scalper1 News

As it digests a major acquisition and undergoes a workforce rebalancing, LinkedIn reported better-than-expected third-quarter earnings after the market close Thursday. The networking site for professionals also raised fourth-quarter guidance, sending its stock higher in after-hours trading. LinkedIn (LNKD) reported revenue of $780 million, topping the consensus estimate of $755.8 million and up 37% from the year-earlier quarter. Scalper1 News

Scalper1 News