LinkedIn Beats!

jeff weiner

Photo: Flickr/The DEMO Conference

LinkedIn’s quarterly earnings are out!It looks like a solid beat on the top and bottom lines.

The stock is soaring in extended trading. It’s up more than 9 per cent.

LinkedIn also announced it’s buying Slideshare for $118.7 million. It’s a cash and stock deal.

Here’s what Wall Street analysts expect, based on estimates on Yahoo Finance:

  • Q1 2012 EPS: $0.15 vs $0.09 Wall Street estimates.
  • Q1 2012 Net Income: $5 million.
  • FY 2012 Revenue Guidance: $880 million to $900 million from $840 million to $860 million. Above $876.7 million Wall Street estimates.
  • Q1 2012 Revenue: $188.5 million vs $178.6 million Wall Street estimates. Up 101 per cent from $93.9 million Q1 2011.
  • Q2 2012 Revenue Guidance: $210 million to $215 million vs. $207.9 million Wall Street estimates.

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.