LinkedIn second-quarter revenue forecast falls short of targets
By Alexei Oreskovic SAN FRANCISCO (Reuters) – LinkedIn Corp forecast second-quarter revenue that fell short of expectations, sending its shares down roughly 8 percent in after hours trading on Thursday. The online social network for professionals said revenue in the current quarter would range from $342 million to $347 million, compared with the $359. 3 million expected on average by analysts, according to Thomson Reuters I/B/E/S. The company said net income for the first quarter rose to $22. 6 million, or 20 cents a share, from $5 million, or 4 cents a share, over the same period. . . .
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