May 22, 2013 2:52 PM ET

Internet Software and Services

Company Overview of LinkedIn Corporation

Company Overview

LinkedIn Corporation operates an online professional network. The company, through its proprietary platform, allows members to create, manage, and share their professional identity online; build and engage with their professional networks; access shared knowledge and insights; and find business opportunities. Its platform also offers members with solutions, including applications and tools to search, connect, and communicate with business contacts, learn about career opportunities, join industry groups, research organizations, and share information. In addition, the company provides LinkedIn mobile applications across various platforms and languages, such as iOS for iPhone and iPad, Android,...

Detailed Description

2029 Stierlin Court

Mountain View, CA 94043

United States

Founded in 2002

3,779 Employees

Phone:

650-687-3600

Fax:

650-687-0505

www.linkedin.com

Key Executives for LinkedIn Corporation

Chief Executive Officer and Director
Age: 42
Total Annual Compensation: $535.0K
Chief Financial Officer and Senior Vice President
Age: 43
Total Annual Compensation: $350.0K
Senior Vice President of Operations
Age: 55
Total Annual Compensation: $340.0K
Senior Vice President of Products & User Experience
Age: 43
Total Annual Compensation: $365.0K
Senior Vice President of Global Solutions
Age: 38
Total Annual Compensation: $340.0K
Compensation as of Fiscal Year 2012.

LinkedIn Corporation Key Developments

LinkedIn Corporation Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2013; Provides Earnings Guidance for the Second Quarter 2013 and Revised Earnings Guidance for the Full Year 2013

LinkedIn Corporation reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. Revenue for the first quarter was $324.7 million, an increase of 72% compared to $188.5 million in the first quarter of 2012. GAAP net income for the first quarter was $22.6 million, compared to net income of $5.0 million for the first quarter of 2012. GAAP diluted EPS was $0.20 based on 115.4 million fully-diluted weighted shares outstanding compared to $0.04 for the first quarter of 2012 based on 111.3 million fully-diluted weighted shares outstanding. Non-GAAP net income for the first quarter was $52.4 million, compared to $16.9 million in the first quarter of 2012. Non-GAAP diluted EPS for the first quarter was $0.45 versus $0.15 of prior year period. Non-GAAP net income for the first quarter was $52.4 million, compared to $16.9 million for the first quarter of 2012. Income from operations was $23.6 million against $10.6 million for the same period last year. Income before income taxes was $23.3 million against $10.8 million of prior year period. Adjusted EBITDA for the first quarter was $83.4 million or 26% of revenue, compared to $38.1 million for the first quarter of 2012, or 20% of revenue. Net cash provided by operating activities was $103.8 million against $63.2 million of prior year period. Purchases of property and equipment were $44.3 million against $22.1 million of prior year period. The company provided earnings guidance for the second quarter and full year 2013. For the quarter, the company expects revenue to range between $342 million and $347 million; Adjusted EBITDA to range between $77 million and $79 million. The company expects depreciation and amortization to be between $30 million and $32 million, and stock-based compensation to be between $49 million and $51 million. Fr the full year, revenue is revised upward by $20 million to range between $1.430 billion and $1.460 billion. Adjusted EBITDA is revised upward by $15 million to range between $330 million and $345 million. The company expects depreciation and amortization to be between $130 million and $135 million, and stock-based compensation to be between $190 million and $195 million.

LinkedIn Corporation Presents at Jefferies 2013 Global Technology, Media and Telecom Conference, May-07-2013

LinkedIn Corporation Presents at Jefferies 2013 Global Technology, Media and Telecom Conference, May-07-2013 . Venue: The Westin New York, Times Square Hotel, New York, New York, United States.

LinkedIn Corporation, Q1 2013 Earnings Call, May 02, 2013

LinkedIn Corporation, Q1 2013 Earnings Call, May 02, 2013

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