user: LinkedIn reports first-quarter earnings

LinkedIn also topped estimates on members, reporting that it had 433 million members at the end of the first quarter — analysts had expected about 427.9 million.

"LinkedIn delivered strong financial results and growth across our core product lines," Jeff Weiner, LinkedIn CEO, said in the company's Thursday release. "As a result of our new mobile experience, members are increasing their activity on LinkedIn, helping drive strong levels of engagement across the platform."

On the company's Thursday afternoon earnings call, Weiner said that LinkedIn "members are engaging at record levels with the more relevant and comprehensive feed."

"During the quarter, viral actions increased more than 80 percent, daily shares were up nearly 40 percent, and traffic to third-party publishers grew more than 150 percent," he added.

Those results will come as welcome news to investors who saw the digital networking company's stock crash when it reported its fourth-quarter results in February. Although it announced better-than-expected earnings and revenue at the time, its shares plummeted on its outlook for the first quarter of 2016.

With the company's stock falling more than 40 percent after that disclosure, LinkedIn saw about $10 billion of its market capitalization disappear. Since that plunge to a share price of roughly $109, the stock has recovered to about $123.

Looking to the second quarter, the company said it expects revenue between $885 million and $890 million. Wall Street had on average expected that to be about $885.7 million, according to StreetAccount. Adjusted earnings for the current quarter, meanwhile, are expected to range between 74 cents and 77 cents, the company guided — the consensus analyst estimate was only for 71 cents.

Summary: LinkedIn shares soared Thursday after the company reported quarterly earnings and revenue that easily topped Wall Street's expectations.


Charlie Sheen, Brooke Mueller expecting first child together

By SHALLON LESTER DAILY NEWS STAFF WRITER

Tuesday, August 26th 2008, 12:43 PM

Charlie Sheen and Brooke Mueller are expecting a child.

Denise Richards isn't going to like this.

Her ex Charlie Sheen is expecting a baby with new wife Brooke Mueller, In Touch Weekly reveals.Â

"They are so happy and excited," a spy tells the mag. "They are in love, and this news makes things even better."

Despite his acrimonious split from Richards, Mueller, 31, and Sheen, 42, wed on May 30 in Los AngelesÂ and honeymooned in Costa Rica, possibly where the little bundle of joy was conceived!

SheenÂ and Richards have fought bitterly over custody of their two daughters, Sam, 4, and Lola, 3, and over their involvement in Richards' reality show, "It's Complicated."Â The "Two and a Half Men" starÂ has another daughter, Cassandra Estevez, from a previous relationship.This will be the new couple's first child together.

If they have a girl, may we suggest the name Denise as a peace offering?

Summary:

assistant: Denise Richards isn't going to like this. Her ex Charlie Sheen is expecting a baby with new wife ooke Mueller, In Touch Weekly reveals. "They are so happy and excited," a spy tells the mag.