LinkedIn Revenues Up 136% To $558 Million Per Year

According to the latest third quarter financial reports for online company LinkedIn, which aims to bring together jobs and workers, their sales increased 126% but their share price is 2 cents per share, disappeared as unfortunate investors to steer the course fell by 7 %.

Here is what the company thinks about connected in third quarterly financial reports, despite what investors think:

"CFO Steve Sordello LinkedIn said in a statement the company was pleased with sales growth." LinkedIn plans to build a long term perspective on investment in our key strategic areas "Despite the drop in after-hours, the results beat analysts' expectations of a loss of 4 cents per share on revenue of approximately $ 128 million."

Linked In has recently acquired 131 200 000 members, who tells us that despite the financial reports and investors speak, people are interested in LinkedIn and will likely continue, even more than the 60% jump in users who have had Increasingly in the last few years.

"Investors are watching the third quarter results LinkedIn is close because its stock has maintained a rate about double what it was when the company offered shares to the public in April. LinkedIn's $ 9 billion valuation is about 18 times per year annual sales approximately $ 510 million expected. "

It will be interesting to see what the company's financial reports Linked In for years to speak for themselves. Although investors may be worried about the stock price down, it seems that LinkedIn continues to be a success. The company itself is pleased with third quarter reports and the fact that the user base has grown so strong in the last year, says a lot about business success. We can only hope that a company that brings people together in the struggle to find jobs in such an unstable economy will continue to succeed.