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LinkedIn Q2 Earnings Beat The Street: $228.2M In Sales; EPS of $0.03 | TechCrunch

LinkedIn Q2 Earnings Beat The Street: $228.2M In Sales; EPS of $0.03 | TechCrunch

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LinkedIn has just released Q2 earnings, and the enterprise-focused social network continues to rise. It’s posted revenues of $228.2 million and earnings per share of $0.03 (non-GAAP EPS: $0.16). This puts the company past earnings estimates from First Call of $216.3 million, and Yahoo Finance, which had estimated revenues of $216 million. It also beat First Call’s EPS of $0.01, as well as LinkedIn’s own guidance of revenues of $210-$215 million. However, GAAP net income was nearly halved to $2.8 million, versus net income of $4.5 million Q2 2011. (Non-GAAP net income for the second quarter was $18.1 million, compared to $10.8 million in the second quarter of 2011.)

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