LinkedIn Q3 Adj. Profit Tops View; Issues Q4 Revenue Outlook - Quick Facts

(RTTNews) - LinkedIn Corp. (LNKD) reported third-quarter net loss of $3.4 million or $0.03 per share, compared to net income of $2.3 million or $0.02 per share in the year-ago quarter.

Excluding stock-based compensation and other items, adjusted net income for the latest third quarter was $46.8 million or $0.39 per share, up from $25.1 million or $0.22 per share in the comparable quarter last year. On average, 32 analysts polled by Thomson Reuters expected the company to earn $0.32 per share. Analysts' estimates typically exclude special items.

Revenue for the third quarter rose 56% to $392.96 million from $252.03 million in the same quarter last year, while thirty analysts had a consensus revenue estimate of $385.41 million.

Looking forward, the company expects fourth quarter revenue to range between $415 million and $420 million.

For full year 2013, the company revised its revenue upwards to about $1.5 billion. Earlier, the company expected revenue in the range of $1.455 billion to $1.475 billion.

Analysts currently expect the company to post revenue of $438.08 million for the fourth quarter and $1.51 billion for the full year 2013.