LinkedIn shares plunged by as much as 21% in after-hours trading, after the company reported quarterly earnings, with weaker-than expected guidance.
The company said it expects first-quarter adjusted earnings-per-share of $0.55, but analysts had estimated $0.75 according to Bloomberg.
It projected first-quarter revenues at $820 million, missing the forecast for $867.1 million.
More to come …
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Source : BusinessInsider.Com