LIVE: LinkedIn Blows Away Estimates In Third-Quarter Earnings

Business Insider

LinkedIn just reported massive, killer earnings for the third quarter after markets closed today.

The company seriously beat expectations with non-GAAP earnings of 22 cents per share and revenues of $252 million.

GAAP earnings were 2 cents per share.

Shares closed under $107, but soared 4 percent in after-hours trading to $111.

Analysts were expecting a strong quarter despite a tough environment in Europe. The consensus, according to analysts polled by Thomson Reuters was for earnings of 11 cents a share, up 83% year over year, and revenue of $244 million—which was a tad higher than the company's guidance.

In any event, LinkedIn blew past its own guidance and analysts' projections.

Stay tuned here for updates.



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