Linkedin (LNKD) Tops Q2 EPS by 7c, Q3 Rev Guidance Light, Boosts FY13 Outlook
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Linkedin (NYSE: LNKD) reported Q2 EPS of $0.38, $0.07 better than the analyst estimate of $0.31. Revenue for the quarter came in at $363.7 million versus the consensus estimate of $354.01 million.
Premium Subscriptions: Revenue from Premium Subscriptions products totaled $73.0 million, an increase of 68% compared to the second quarter of 2012. Premium Subscriptions represented 20% of total revenue in the second quarter of 2013, compared to 19% in the second quarter of 2012.
LinkedIn also said membership hit 238 million, up 37 percent from the same period last year.
Sees Q3 2013 revenue of $367 to $373 million, versus the consensus of $383 million. The company also boosted FY13 revs expectations to a range of $1.455 billion to $1.475 billion, while the Street is at $1.50 billion.
For earnings history and earnings-related data on Linkedin (lnkd) click here.
Premium Subscriptions: Revenue from Premium Subscriptions products totaled $73.0 million, an increase of 68% compared to the second quarter of 2012. Premium Subscriptions represented 20% of total revenue in the second quarter of 2013, compared to 19% in the second quarter of 2012.
LinkedIn also said membership hit 238 million, up 37 percent from the same period last year.
Sees Q3 2013 revenue of $367 to $373 million, versus the consensus of $383 million. The company also boosted FY13 revs expectations to a range of $1.455 billion to $1.475 billion, while the Street is at $1.50 billion.
For earnings history and earnings-related data on Linkedin (lnkd) click here.
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