LinkedIn revenues increased by 89% in the second quarter of 2012
While many manufacturers in the last quarter, meaning red beads, and Facebook do not stop to stabilize the stock price, LinkedIn announced positive Results from April to June: They have registered 89% more revenue in that period than in the same year.
Thus, in the second quarter of 2012 the Income of the professional Social Network to U.S. $228.2 million (187 million), beating analysts’ forecasts of $216.3 million (177 million), according to Thomson Reuters I/B/E/S.
Given these results, LinkedIn has decided to raise its revenue forecast then a year to U.S. $915 million (750 million) to U.S. $925 million (758 million) from U.S. $880 million (721 million) U.S. $900 million (738 million euros).
Things to LinkedIn to exchange also go on wheels: It was one of the first social network to launch an initial public offering (IPO), and today its shares are trading at more than double its IPO price of U.S. $45 ( 37 euros) … Different about Facebook, despite having excellent forecasts before you leave, you are giving bad results, with actions that have come down to $$19.91 (16.33 euros), losing almost half of its value since the IPO of the company at U.S. $38 (31.17 euros) last May.
One reason may be in its revenue model: The business model Zuckerberg’s social network is based on advertising, and analysts fear they can not maintain sustained growth. LinkedIn, however, raises revenue through subscriptions to its premium service, advertising and some other important source is the amount paid by companies who use LinkedIn to post their jobs and find potential candidates for recruitment.
Link: LinkedIn income gets higher than expected (EuropaPress)Tags: benefits, Income, LinkedIn, professional, quarter, Results, Social Network