![]() LinkedIn’s net loss widened to US$42.5 million, or 34 cents a share, from US$13.4 million, or 11 cents. This webinar will cover the benefits of planning, financing, building and renovating township facilities during an economic downturn by taking advantage of. Profit excluding some items was US$73 million, or 57 cents a share, matching analysts predictions. LinkedIn, based in Mountain View, California, continues to expand its services, moving into professional education with an agreement this month to acquire Inc. Sales from services that companies use to recruit increased 36 per cent to US$396 million. Revenue from marketing products rose 38 per cent from a year earlier to US$119 million. Total first-quarter sales rose 35 per cent to US$637.7 million. currency against 10 major peers, gained 6.2 per cent in the first quarter. The Bloomberg Dollar Spot Index, a measure of the U.S. Growth was also hurt by currency-exchange rates, as LinkedIn generated 39 per cent of its revenue from outside the U.S. The company also fell short of its targets for selling display advertising. the concern about LinkedIn on this date is the continued drop in Facebook. Assigning accounts to new sales representatives at the beginning of the year caused some customer loss, and it will take a while to repair relationships with those clients, LinkedIn said. Overvalued stocks usually sell off, and LinkedIn is extremely overvalued and. Article contentįirst-quarter revenue decelerated in LinkedIn’s main business of serving recruiters, the company said. ![]() This advertisement has not loaded yet, but your article continues below.
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