LinkedIn, Twitter Earnings Soar, Social Stocks Party

By | February 5, 2015

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LinkedIn and Twitter reported fourth-quarter profit and revenue that topped estimates, sending the social media giants’ stocks sharply higher late Thursday despite weak guidance. LinkedIn (LNKD) earnings rose 56% to 61 cents a share excluding items. That beat the consensus of analysts polled by Thomson Reuters by 8 cents. Revenue climbed 44% to $643.4 million, well above views for $616.8 million. The company remains the dominant Scalper1 News

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