NEW YORK (TheStreet) — LinkedIn was one of tech’s big winners during premarket trading on Friday after the social networking company posted better-than-expected first-quarter results on Thursday.
The Mountain View, Calif.-based firm reported earnings of 15 cents a share on $188.50 million in revenue. Analysts surveyed by Thomson Reuters were looking for earnings of 9 cents per share on $178.58 million in revenue.
LinkedIn grew members 58% year over year to 161 million users and the company raised its full-year guidance.
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Follow this link: LinkedIn, Salesforce.com: Premarket Movers