LinkedIn earnings, revenue rise
LinkedIn Corp. continued its uninterrupted streak of beating analysts' expectations with its quarterly results yesterday as earnings and revenue soared, but its outlook for the rest of the year disappointed Wall Street. LinkedIn earned $22.6 million, or 20 cents per share, in the first quarter, up from $5 million, or 4 cents per share, in the same period a year earlier. Revenue grew 72 percent to $324.7 million from $188.5 million. LinkedIn went public in May 2011 at a share price of $45; its stock has soared since. LinkedIn has thrived by establishing itself as the go-to place for employers to find talented workers and for people to get job tips and career advice. LinkedIn said it has 225 million members, up from 202 million at the end of last year. -- AP
Sarra Sounds Off Ep. 35: EI baseball, girls lacrosse and plays of the week On the latest episode of "Sarra Sounds Off," we look at East Islip baseball's inspirational comeback story, Jared Valluzzi has the plays of the week and Tess Ferguson breaks down the top defensive players in girls lacrosse.
Sarra Sounds Off Ep. 35: EI baseball, girls lacrosse and plays of the week On the latest episode of "Sarra Sounds Off," we look at East Islip baseball's inspirational comeback story, Jared Valluzzi has the plays of the week and Tess Ferguson breaks down the top defensive players in girls lacrosse.
