Linkedin announced earnings of 16 cents a share, in line with expectations. They posted an 88.6% gain in revenue since this time last year. Profit rose to $2.8 million or 3 cents a share this quarter with revenue of $228.2 million. Last year at this time LNKD had a revenue of $121 million. Their full year revenue is expected to be in the range of $915 to $925 million, higher than analysts’ expectations of $880 to $900 million.
Attached is a link to an article by Andrew Keene, including some of his LNKD options plays:
David Cornes holds a degree in economics from the University of Montana.