The company beat Wall Street expectations by posting revenue of $303.6 million and earnings per share of $0.35. Wall Street had been expecting revenue of $280 million and earnings per share of $0.19. That’s an incredible deficit between expectation and reality, shooting the stock up quickly after the earnings were announced.
As of this writing, LinkedIn is trading at $135.87 per share, an increase of 9.5 percent over its closing price today.
Developing post. Refresh for updates.
LinkedIn pen via Flickr
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