LinkedIn Tumbles 30% On Earnings Guidance

linkedin-earnings LinkedIn reported fourth quarter earnings after the bell Thursday. While the company beat analyst estimates on both income and revenue, the stock quickly tumbled 27 percent in after-hours trading, due to a disappointing outlook and earnings guidance.

 

The job networking site said that revenue for first quarter of 2016 is expected to be $820 million and adjusted earnings per share will be 55 cents. Read More

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