5/7/2023 0 Comments Linkedin stock dropInvestors will want to keep an eye on the growth of that figure moving forward. This was the first full quarter for LinkedIn's "Sponsored Updates" program, which according to the company "deliver relevant content to members from marketers in the LinkedIn desktop and mobile feed."Īs part of its "Marketing Solutions" division, sponsored updates accounted for 13% of the product segment's revenue. However, in the third quarter LinkedIn had reported year-over-year growth of 62%. According to Business Insider, LinkedIns stock price skyrocketed from about 40 to almost. LNKD reported revenue of $245.6 million - an increase of 53% compared to the fourth quarter of 2012. It paves the way for other social platforms to see their potential for their IPO success in the future. Growth also slowed in LinkedIn's "Talent Solutions" division, which is its largest revenue generator. LinkedIn investors were hoping the company would report a user total closer to 282 million. That 6.9% user growth is a drop from the previous quarter when LNKD reported 8.8% growth. The social media company reported a total user base of 277 million, up from 259 million in Q3. One of the key figures to investors was user growth for LinkedIn. LinkedIn (NYSE: LNKD) Earnings: Where Investors Are Looking That's not the only place growth was slowing however. So an earnings beat of a penny in Q4 is uninspiring. In the previous four quarters, LNKD had beaten earnings estimates by an average of 43.5%. The numbers met analysts' expectations, but growth was down. That was up from a 2012 figure of $972 million. For the full year 2013, LNKD nailed analyst projections with revenue of $1.52 billion.
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