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> LinkedIn second-quarter revenue forecast falls short of targets |  |
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LinkedIn second-quarter revenue forecast falls short of targets |
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Yahoo! Tech/Internet News
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05/02/2013 at 16:33:02 |
By Alexei Oreskovic SAN FRANCISCO (Reuters) - LinkedIn Corp forecast second-quarter revenue that fell short of expectations, sending its shares down roughly 8 percent in after hours trading on Thursday. The online social network for professionals said revenue in the current quarter would range from $342 million to $347 million, compared with the $359.3 million expected on average by analysts, according to Thomson Reuters I/B/E/S. The company said net income for the first quarter rose to $22.6 million, or 20 cents a share, from $5 million, or 4 cents a share, over the same period. ...
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