LinkedIn Tanks After Q4 Earnings Report
Source: http://www.businessinsider.com/linkedin-q4-earnings-2014-2
LinkedIn announced its Q4 earnings. The stock is tanking in after-hours trading, and has been down as much as 10%.
Here's what the company delivered:
- Revenue: $447.2 million vs. $437.84 million expected
- Earnings per share: $0.39 vs. $0.38 expected
LinkedIn now has 277 million members.
The revenue is up 47% compared to $303.6 million in for the same quarter in 2012.
LinkedIn also announced that it has signed an agreement to buy a company called Bright, which helps connect job seekers with employers. The transaction is valued at approximately $120 million.
Here's a chart of LinkedIn's revenues:
Business Insider Intelligence made this chart of LinkedIn's revenue sources:
Here's a look at LinkedIn's member and unique visitor growth:
Here's a chart of LinkedIn's engagement:
Join the conversation about this story »