LinkedIn (LNKD) Tops Q2 EPS by 35c
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LinkedIn (NYSE: LNKD) reported Q2 EPS of $1.13, $0.35 better than the analyst estimate of $0.78. Revenue for the quarter came in at $933 million versus the consensus estimate of $898.3 million.
“In Q2, we demonstrated good momentum with our member and customers, and delivered strong financial results,” said Jeff Weiner, CEO of LinkedIn. “Continued product innovation drove increased levels of engagement, and strengthened our enterprise offerings. We believe joining forces with Microsoft enables us to further accelerate and scale our ability to deliver value and create economic opportunity for every member of the global workforce."
In the quarter, our core member operating metrics reflected continued strength. Cumulative members grew 18% year-over-year to 450 million, unique visiting members grew 9% to an average of 106 million members a month, and member page views grew 32%. This yielded 21% year-over-year growth in page views per unique visiting member, continuing a pattern of strong engagement growth over the past several quarters.
For earnings history and earnings-related data on LinkedIn (LNKD) click here.
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