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LinkedIn (LNKD) Posts Q3 Results, Membership Up 18%

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LinkedIn just released its third-quarter earnings results, posting adjusted earnings of $1.18 per share and revenue of $960 million.   

Currently, LNKD has a Zacks Rank #3 (Hold), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this just announced report below.


Beat earnings estimates. The company posted adjusted earnings of $1.18 per share, surpassing Wall Street expectations of 90 cents per share.

Beat revenue estimates. The company saw revenue figures of $960 million, beating our estimate of $956 million.

The site’s cumulative membership grew 18% year-over-year to 467 million, and unique visiting members grew 6% to an average of 106 million members a month.

In light of the previously announced merger agreement with Microsoft (MSFT), LinkedIn did not provide its outlook for fiscal 2016 and the company did not hold an earnings conference call.

LNKD was remained relatively flat in after-hours trading shortly after its earnings report was released.

Here’s a graph that looks at LinkedIn’s latest earnings performance:

LINKEDIN CORP-A Price, Consensus and EPS Surprise

LINKEDIN CORP-A Price, Consensus and EPS Surprise | LINKEDIN CORP-A Quote

LinkedIn Corporation is an online professional network which allows members to create, manage, and share their professional identity online, build and engage with their professional network, access shared knowledge and insights, and find business opportunities. Its platform also provides members with applications and tools to search, connect, and communicate with business contacts, learn about career opportunities, join industry groups, research organizations, and share information.

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