LinkedIn Beats!

jeff weiner

Photo: Flickr/The DEMO Conference

LinkedIn’s second-quarter earnings are out!It looks like a beat on revenue!

LinkedIn reported revenue of $228.2 million, compared to Wall Street analyst estimates of $216.5 million.

The stock is bouncing around pretty rapidly, but seems to be soaring. It was up as much as 7 per cent in extended trading.

It posted an EPS of $0.16, which was in-line with analyst estimates.

It sees Q3 revenue of $235 million to $240 million, which is also in-line (on the low end) with analyst estimates of $235.2 million.

For the 2012 fiscal year, LinkedIn is increasing its guidance, forecasting between $915 and $925 million. Analyst estimates were $907.2 million for FY 2012 revenue.

LinkedIn was one of the best-performing tech IPOs of 2011, and hasn’t slowed much since.

The stock is up more than 45 per cent on the year, though it has slipped a bit in recent weeks thanks to weakness as a result of Facebook’s IPO.

Now not just a network for professionals to connect, LinkedIn is one of the top methods for recruiting and hiring — and finding a job.

We’ll be listening in on the earnings call beginning at 5 p.m. eastern time, so be sure to check out SAI for any interesting tidbits we hear.

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