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February 8, 2013

LinkedIn's 4Q gets rave reviews from investors

  • Stock in the online networking service has tripled from its initial public offering price of $45.
    • By MICHAEL LIEDTKE
    AP Technology Writer

    SAN FRANCISCO — Online professional-networking service LinkedIn's fourth-quarter performance added another line to its sterling resume as a public company.

    The results announced Thursday extended LinkedIn Corp.'s uninterrupted streak of exceeding analysts' projections for both earnings and revenue. It marked the seventh consecutive quarter since LinkedIn's May 2011 IPO that the company has pulled that off, to the delight of investors.


     
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