LinkedIn Tumbles 25% On Earnings Guidance
February 04, 2016 at 16:31 PM EST
LinkedIn reported fourth quarter earnings after the bell Thursday. While the company beat analyst estimates on both income and revenue, the stock quickly tumbled 25% 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