Social Media connects the world on a global grid.
Never before in our history have we as a collective people, been able to reach across the world to a new market to show our product or service.
LINKEDIN CORPORATION MATTHEW MORROW LINKEDIN (LNKD) Q4 BEATS ESTS, GIVES VIEW. CANACCORD RAISES TARGET, KEEPS BUYAnalyst Michael Graham tells salesforce LNKD reported strong Q4 results, as rev./adj. EBITDA were $167.7M/$34.4M, beating his ests of $162.0M/$24.0M, Street's $158.0M/$21.3M.
Notes Marketing Solutions and Premium Subscription provided much of upside to his numbers as co. significantly improved moneitzaion of page views, increased penetration of premium subscriptions among its members. Says co. had 145M members at end of Dec. '11, more than 150M at end of Jan., suggesting member growth continuing unabated. Raises $0.47 '12 adj. EPS est. to $0.67; $85 tgt to $95.
Going forward, LinkedIn thinks the momentum will continue. The fiscal 2012 forecast is for revenues of $840 million to $860 million, ahead of Wall Street estimates for $828 million!
