clock menu more-arrow no yes

LinkedIn shares soar after big Q1 beat

Revenue, earnings, membership all higher than expected.

Evan Lorne / Shutterstock

LinkedIn shares soared Thursday after the company reported quarterly earnings and revenue that easily topped Wall Street’s expectations.

The company said it saw adjusted first-quarter earnings of 74 cents on $861 million in revenue. Analysts, meanwhile, had expected LinkedIn to report earnings of about 60 cents per share on $828 million in revenue, according to a consensus estimate from Thomson Reuters.

Read the rest of this post on the original site »

This article originally appeared on Recode.net.

Sign up for the newsletter Sign up for The Weeds

Get our essential policy newsletter delivered Fridays.