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Thursday, May 2
More on LinkedIn: No explanation for guidance; with shares up 76% YTD, expectations were high....
More on LinkedIn: No explanation for guidance; with shares up 76% YTD, expectations were high. Q1 numbers solid, even if growth is slowing from sky-high levels: Talent Solutions (jobs) revenue +80% Y/Y (+90% in Q4) and 57% of total; Subscriptions +73% (+79% prior) and 20% of total; Ads +56% (+68% prior) and 23% of total. U.S. 62% of sales, same as Q4. 218M registered users, up 16M Q/Q. Monthly unique visitors +14% Q/Q to 132M per comScore, LinkedIn claims 170M+. ComScore estimates page views rose 13% Q/Q to 11.1B (higher engagement). Costs/expenses +69% Y/Y due to sales/R&D investments. LNKD -7.9% AH. (PR) (slides)