QUOTE AND NEWS
The Hindu Business Line  7 hrs ago  Comment 
Professional networking site LinkedIn has reached a 300 million milestone mark globally with about 100 million members in the US alone. LinkedIn in a statement acknowledged that it was an exciting...
Wall Street Journal  Apr 18  Comment 
LinkedIn said it reached 300 million members on its professional social-networking site.
Clusterstock  Apr 17  Comment 
Click here to follow Business Insider on LinkedIn. Join the conversation about this story »
TheStreet.com  Apr 17  Comment 
NEW YORK (TheStreet) -- Fund managers point to rich opportunity in choppy markets, even for those bearish on market direction. With the S&P 500 flat for the year to date while the Nasdaq and Dow Jones are lower, many professional investors argue...
Forbes  Apr 16  Comment 
Even if the bull market goes bad, some stocks will shine; thinks LinkedIn, Workday and Intel should be among them, analysts say.
Forbes  Apr 16  Comment 
Some companies do reference checks decently, some do it poorly, but pretty much all of them do it too late in the process. This rewards candidates who talk a good game more than those who play it. The next billion-dollar social-media company could...
SeekingAlpha  Apr 16  Comment 
By SA Editor Miriam Metzinger: Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Tuesday April 15. Bullish Calls: Constellation Brands (STZ): "Buy it. STZ is too far off its high. I'm not distressed by its...
TheStreet.com  Apr 14  Comment 
NEW YORK (TheStreet) -- LinkedIn shares had coverage initiated with an "overweight" rating by analysts at Atlantic Equities. The firm set a price target of $240 on the shares. Must Read: Warren Buffett's 10 Favorite Growth Stocks STOCKS TO...
Cellular News  Apr 12  Comment 
Business social networking service, LinkedIn says that it has developed a "deep integration" with Samsung's latest smartphone, the Galaxy S5. Click here for more.




 
TOP CONTRIBUTORS

LinkedIn (NYSE:LNKD) is an online professional network. Members of the network can use the platform for free to create and manage their professional identity, engage with other professionals, and access relevant business information. Through the platform, LinkedIn allows professionals to communicate with one another and ultimately find new careers and business opportunities.[1] LinkedIn makes money in three ways. First, it provides organizations with hiring solutions. These solutions allows enterprises to advertise job postings to members based on key qualities, such as location, experience, and education. This allows organizations to contact potential employees who are not actively searching for a job. Next, it sells display advertisement space on the site to marketeers. Finally, it allows members to upgrade to paid, premium subscriptions. Premium subscriptions allow members, acting as an individual or on behalf of a company, to view enhanced search results, gain additional channels of communication, and receive priority customer support.[2]

While LinkedIn remains focused on general professional networking, there is a trend in the industry to move towards specialized knowledge sharing, collaboration, and networking. For example, Stackoverflow provides a question and answer service as well as a career service for computer programmers. Other sites have focused on discussion, collaboration, and interaction between and among employees and potential employers. These services allow members two main benefits. First, they can find specific answers to their specialized questions. Second, they can interact directly with relevant companies in their field. LinkedIn's generality and lack of specialty within the professional network space does provide benefits, but the company may refocus on this trend.[3][4]

The company's initial public offering of stock on the NYSE occurred on May 18, 2011. The company offered 7.8M shares each for $45. This was at the high end of the revised price range of $42-$45. The company had originally announced an initial price range of $32-$35. The offering raised a total of $353M. The final offering was 35% larger than had the pricing occurred at the midpoint of the initial range. The lead managers of the IPO were Morgan Stanley (MS), Bank of America (BAC), and J P Morgan Chase (JPM).[5]

The company's first day 109% return was the fifth largest for an IPO in the post bubble era. [6]

For the full year 2010, LinkedIn reported a total revenue of $243M and a net income of $14.5M. Revenue increased by 103% over the previous year, and net income increased from a net loss $4M.[7]

  1. LNKD S-1/A 2011 PROSPECTUS SUMMARY "LinkedIn Corporation" pg 1-2
  2. LNKD S-1/A 2011 PROSPECTUS SUMMARY "How We Generate Revenue" pg 45-46
  3. LNKD S-1/A 2011 PROSPECTUS SUMMARY "LinkedIn Corporation" pg 1-2
  4. Seeking Alpha "LinkedIn: IPO Will Place Company at Strategic Crossroads" 21 Feb 2011
  5. Renaissance Capital - IPO Home "LinkedIn prices IPO at $45, high end of revised range" 18 May 2011
  6. Template:Cite news
  7. LNKD S-1/A 2011 PROSPECTUS SUMMARY "Summary Consolidated Financial Data" pg 10-11
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