LinkedIn Shares Rise 7% After Better Than Expected Earnings
LinkedIn Corp. [ s: LNKD] shares rose 7% after hours Thursday after the company reported better-than-expected fourth quarter profit and sales. LinkedIn said it had net income of $3.095 million, down from $3.782 million in the year-earlier period. The company said adjusted per-share earnings came to 61 cents, above the FactSet consensus of 53 cents. Sales rose to $643 million from $447 million in the year-earlier period and above the FactSet consensus of $617.4 million. The company issued a 2015 guidance with adjusted earnings per share at $2.95, above the FactSet consensus of $2.74
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