LinkedIn Q1 Loss Widens; Updates 2015 Guidance - Quick Facts

(RTTNews) - LinkedIn Corporation (LNKD), the world's largest professional network on the Internet, reported a net loss attributable to stockholders for the first quarter of $43 million, compared to net loss of $13 million for the first quarter of 2014. GAAP loss per share was $0.34, compared to a loss of $0.11. Non-GAAP EPS for the first quarter was $0.57.

On average, 36 analysts polled by Thomson Reuters expected the company to report profit per share of $0.56 for the quarter. Analysts' estimates typically exclude special items.

Revenue was $638 million, an increase of 35% compared to $473 million in the first quarter of 2014. Analysts expected revenue of $636.48 million for the quarter.

For second-quarter, the company expects revenue to range between $670 million and $675 million. Non-GAAP EPS is expected to be approximately $0.28. Analysts expect the company to report second-quarter earnings per share of $0.74 on revenue of $717.50 million.

For Full Year 2015, the company expects revenue to be approximately $2.90 billion. Non-GAAP EPS is expected to be approximately $1.90. Analysts expect the company to report fiscal 2015 earnings per share of $3.03 on revenue of $2.98 billion.

The company noted that the updated guidance includes the impact of the pending lynda.com acquisition.