5

LinkedIn Beats Expectations With Another Strong Quarter: $252 Million In Q3 Revenue, Up 81% Year-Over-Year

view full story
linux-howto

http://techcrunch.com – Professionally-minded social network LinkedIn once again beat Wall Street analysts’ expectations this afternoon when it announced the financial results for the third quarter of 2012. LinkedIn announced that it made $252 million in revenue during the third quarter, up 10 percent sequentially from its Q2 revenue of $228.2 million and up 81 percent year-over-year from its Q3 2011 revenues of $140 million. At the bottom line, LinkedIn posted GAAP earnings per share (EPS) of two cents per share, down from its second quarter GAAP earnings of 3 cents per share and its net loss of 2 cents per s (IT news)