Doubled in the last quarter, revenue LinkedIn

Frequent opening of the stock market internet and social networking companies 'balloon' brings up discussions. Looking at these companies' balance sheets, however, revenues and stock performance is better in the last quarter, are also conspicuous.

Business network LinkedIn is a good one in the last quarter than expected financial performance figures suggest. Figures for the fourth quarter of 2011 describes the company's revenues increased by 105 percent compared to same period last year came to $ 81.7 million to $ 167.7 million. That a profit of $ 5.3 million during the same period of 2010, LinkedIn, in 2011, this figure has issued 6.9 million dollars.

Company stock market performance was also above expectations. Analysts predicted the company's per share earnings of $ 0.7. However, the company earned $ 0:12 per share last quarter.
LinkedIn has more than expected as financial performance. Status in terms of the number of members of the network looks fine. Reached 150 million members, announced last quarter. Social network, only 20 million new members signed up in November. This means that two new members at any second.

LinkedIn CEO Jeff Weiner, assessing performance in the fourth quarter, is expected to explain that more performance. Weiner, "by offering more innovative products in 2012, will focus on the technological infrastructure," he says.