LinkedIn (LNKD) Tops Q2 EPS by 12c; Guides Above the Street
Get Alerts LNKD Hot Sheet
Join SI Premium – FREE
(Updated - July 31, 2014 4:05 PM EDT)
LinkedIn (NYSE: LNKD) reported Q2 EPS of $0.51, $0.12 better than the analyst estimate of $0.39. Revenue for the quarter came in at $534 million versus the consensus estimate of $511.03 million.
“LinkedIn delivered strong financial results in the second quarter while maintaining investment in our member and customer offerings,” said Jeff Weiner, CEO of LinkedIn. “We made significant progress against several key strategic priorities including increasing the scale of job opportunities on LinkedIn; expanding our professional publishing platform; and continuing the strategic shift towards content marketing through Sponsored Updates.
Q3 2014 Guidance: Revenue is expected to range between $543 million and $547 million. Adjusted EBITDA is expected to range between $134 million and $136 million. Non-GAAP EPS is expected to be approximately $0.44. The company expects depreciation of approximately $50 million, amortization of approximately $8.0 million, stock-based compensation of approximately $80 million, and 126 million fully-diluted weighted shares. (Rev consensus is $540.9 million EPS is $0.40)
Full Year 2014 Guidance: Revenue is expected to range between $2.14 billion and $2.15 billion. Adjusted EBITDA is expected to range between $545 and $550 million. Non-GAAP EPS is expected to be approximately $1.80. The company expects depreciation of approximately $202 million, amortization of approximately $28 million, stock-based compensation of approximately $305 million, and 126 million fully-diluted weighted shares. (Rev consensus is $2.13 billion EPS is $1.64)
For earnings history and earnings-related data on Linkedin (LNKD) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- FreightCar America (RAIL) Misses Q4 EPS by 6c, provides guidance
- Embraer (ERJ) Tops Q4 EPS by 43c; offers guidance
- Zepp Health Corporation (ZEPP) Misses Q4 EPS by 134c
Create E-mail Alert Related Categories
Earnings, Guidance, Hot Earnings, Hot Guidance, Management CommentsRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!