LinkedIn Q2 Earnings Come Amid Rough Transition

By | July 29, 2015

Scalper1 News

LinkedIn (LNKD), the networking site for professionals, is aiming to update its resume with improved earnings for Q2, after its Q1 didn’t get the job done. Though LinkedIn beat estimates when it reported Q1 earnings after the close April 30, the stock plunged 19% the next day after the company’s Q2 outlook came in well below expectations. That was partly due to LinkedIn aggressively spending to reorganize and expand its sales force, and accelerate Scalper1 News

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