Professional social network LinkedIn just reported stronger than expected fourth quarter 2011 earnings today. Earnings came in at $0.12 per share. Revenue for the fourth quarter was $167.7 million, an increase of 105% compared to $81.7 million for the fourth quarter of 2010. Net income for the fourth quarter was $6.9 million, compared to net income of $5.3 million for the fourth quarter of 2010.
eBay just reported stronger than expected first quarter 2012 earnings today. Revenue increased 29% to $3.3 billion, compared to the same period of 2011. Non-Gaap earnings came in at $0.55 per diluted share. Analysts expected earning... Read Post
For the first time as a public company, professional social network LinkedIn is reporting its first quarter results today. LinkedIn's revenue for the quarter came in at $121 million, which is an increase of 120% compared to $54.9 mi... Read Post