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| Friday, 5 August 2011, 12:00 HKT/SGT | |
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Source: Himfr.com | |
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BEIJING, Aug 5, 2011 - (ACN Newswire) - According to the recent research of Himfr.com the social network LinkedIn today announced the first quarter earnings after the listing. In the second quarter of 2011, the revenue and profit exceeded expectations. By the end of June, LinkedIn's revenue rose to $ 121 million, 4 cents earnings per share of. However, analysts had expected it to be $ 112.6 million, and it would suffer a loss per share.
LinkedIn's second-quarter net income is $ 4.5 million, an increase of 4.7% compared with $ 4.3 million at the same period of last year.
Himfr.com reports that LinkedIn's users reached 115.8 million, an increase of 61%. The monthly independent visitors reached 81.8 million, an increase of 83%. Its PV reached 7.1 billion, an increase of 80%. The second-quarter revenue is $ 121 million, an increase of 120%. It was $ 5.49 million a year earlier. The net profit is 4.5 million U.S. dollars. It was $ 4.3 million a year earlier.
Himfr.com points out that if according to the non-public accounting standards, excluding stock compensation and other effects, the second-quarter net profit is $ 10.8 million. However, it was $ 6.4 million a year earlier. To the end of the quarter, LinkedIn's total cash and cash equivalents are 352.854 million U.S. dollars.
Contact:
http://www.himfr.com/
Email: my@himfr.com
Topic: Press release summary
Source: Himfr.com
Sectors: Daily Finance, IT Individual
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From the Asia Corporate News Network
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