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LinkedIn earnings are out!
The market reaction is not good. The stock is plunging, falling 11% after hours.
While it delivered strong beats on the top and bottom line, its guidance for next quarter is lighter than expected.
Revenue was $324.7 million versus analyst expectations of $317.08 million.
EPS was $0.45 versus analyst expectations of $0.38.
Q2 revenue guidance is $342-$347 million versus analyst estimates of $359.24 million.
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