Thursday, May 2, 2013

LNKD: More from LinkedIn's (LNKD) CC: Q1 EPS was...

6:21 PM More from LinkedIn's (LNKD) CC: Q1 EPS was lifted by tax credits and lower-than-expected R&D spend, but spending pace about to pick up (plenty of new hiring, and also data center expansion). Early uptake for LinkedIn's new Contacts app (available both on Web and mobile) is said to be very strong, and likes/comments on the core mobile apps are said to have risen 40% since a recent revamp. Record number of new users added in Q1, and the base has thus far risen to 225M (from 218M) in Q2. LinkedIn's Sales Navigator product is still in its early stages. (previous) Read comments

LNKD price at time of publication: $202.50. Check LNKD price now »

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