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Linkedin Proves Itself To Microsoft, Beats Estimates

Linkedin Corp LNKD 0.13% released its Q2 results after the close on Thursday. Earnings per share came in above Wall Street consensus expectations.

Linkedin reported EPS of $1.13 and revenues of $933 million. Analyst consensus had an EPS estimate of $0.78 and revenues of $898 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," stated Weiner.

At time of writing, Linkedin traded at $192.64 in Thursday's after-market session.

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