Friday, February 5, 2016

Linkedin: crash yesterday in the after market (-27%), the outlook disappoints – BBC

08:03 (Il Sole 24 Ore Thomson Plus) – New York, February 5 – the title LinkedIn yesterday suffered a crash by 27% in after market on Wall Street, not so much the fault of a quarterly loss because of a disappointing outlook. Social nwtwork for professionals ended the fourth quarter of 2015 with a red amounted to 8.425 million dollars against profits of 2.995 million registered in the extended period of last year. Earnings per share have gone from +2 to -6 cents cents, but excluding exceptional items, the group said it would have earned 94 cents per share, more than the 74 cents it had predicted last October and above expectations for 78 cents. Revenues were up in the quarter by 34% to 862 million dollars, in addition to estimates for 857 million, and the entire 2015000000000 to 2.991000000000. In detail, in its main division Talent Solutions – a platform used to search the site to hire candidates – sales in the last three months of 2015 rose on an annual basis by 45% to 535 million in the entire fiscal year by 41% to 1877000000. In the segment of premium recorded the turnover and ‘increased by 19% to 144 million in the quarter and by 22% to 532 million in 2015. In the period from October to December the members of the social network grew by 19% to 414 million. For 2016 the group expects profits to pro forma share to $ 3.05 to 3.20 per share with revenues of $ 3.6000000000 to 3.65000000000. Wall Street predicted, respectively, gains of $ 3.67 per share and sales to 3.91 billion. For the current quarter, LinkedIn has calculated earnings per share of 55 cents and revenues of 820 million against a consensus in the order of 74 cents and 867 million. Pending the accounts, come to closed markets, the stock had risen 0.54% to $ 192.28 but year to date had lost almost 15%. In the past three months they have yielded 24%. A24-Spa (RADIOCOR) 02/05/16 08:03:02 (0039) 5

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