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LinkedIn delivered a fairly positive earnings call to go with its Q3 beat (I, II). It noted...
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Thursday, November 1, 2012, 7:07 PM ETLinkedIn delivered a fairly positive earnings call to go with its Q3 beat (I, II). It noted registered users rose by 13M Q/Q to 187M, and that 1,700 new business customers were added, raising the total to 13.7K (share gains against MWW and others). Also: ad prices are rising thanks to better targeting, and revenue/customer is growing. Two points of concern: there are macro headwinds in Europe and Asia, and comScore believes PC page views have fallen the last 2 quarters thanks to the mobile shift, though LinkedIn claims its PC/mobile page views are up a combined 44% Y/Y. LNKD +7.7% AH.
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