Home

    You are here

LINKEDIN UP 8% AFTER-HOURS ON Q4 EARNINGS & Q1 FORECAST

You are here

linkedIn on stock.com

LINKEDIN UP 8% AFTER-HOURS ON Q4 EARNINGS & Q1 FORECAST

Feb 6 2015, 8.49am GMT

STOCK.com

As predicted across the board of analysts, LinkedIn on-line networking has beaten all expectations.

Thomson Reuters StarMine predictions:

Quarterly earnings per share (EPS) of 53 cents, revenues at $617.2 million.

Total revenue in 2014 of $2.19 billion, and an adjusted EPS of $1.94.

Actual earnings reported:

Quarterly revenues of $643 million, up 44%, and EPS of $0.61.

Total revenue in 2014 at $2.2 billion, up 45% year-over-year from $1.5 billion in 2013.

CEO Jeff Weiner explained the earnings success: "The fourth quarter capped another successful year for LinkedIn, which was marked by steady member growth and strong financial results." Adding, “We continued our transition from desktop to mobile, and also focused on initiatives in jobs, content, and global expansion.”

Expansion of users is important for LinkedIn and the company boast that 50% of the world’s professionals and students are on the platform. In fact, during Q4, cumulative members grew 25% to 347 million, unique visiting members grew 23% to an average of 93 million per month, and member pageviews grew 3%, well ahead of unique member growth.

LinkedIn also focused the last year on talent acquisition customers by improving the Recruiter app, acquiring Bright for job listing facility, and releasing a new Sales Navigator app for outbound sales customers, thereby pushing mobile up to 49% of unique member visits to LinkedIn. Market solutions and Premium subscriptions, plus expansion into China, added to the increase in revenue.

Steve Sordello, CFO, LinkedIn, laid out the LinkedIn forecast for next quarter, providing figures for revenue at between $618 and $622 million, 31% growth at the midpoint. And for the full year, the company expect revenue to range between $2.93 and 2.95 billion, a 33% annual growth rate at the midpoint.

Shares for LinkedIn rose 8% after-hours:

LinkedIn on STOCK.com

Trade stock CFDs on STOCK.com with full training given to all clients

Stocks Block Actions

Trading Platforms

MetaTrader

Through a simple native App download, be ready to log on to the powerful, intuitive MT4 platform and trade multiple assets on your desktop or through mobile

More on MetaTrader

WebTrader

Online access - anytime, anywhere - to your secure STOCK.com account, through desktop, tablet and mobile interfaces with no download necessary

More on WebTrader

Trading in CFDs involves significant risk to your invested capital