01-May-14 16:13 ET In Play LinkedIn reports Q1 above consensus, guidance; guides Q2 revs in-line, EBITDA just below ests; raises FY14 EBITDA and rev guidance, still below estimates (73.87 +2.88) : Reports Q1 (Mar) earnings of $0.38 per share, excluding non-recurring items, $0.04 better than the Capital IQ Consensus Estimate of $0.34; revenues rose 45.7% year/year to $473 mln vs the $466.34 mln consensus and $455-460 mln guidance; EBITDA $116.7 mln vs. $112 mln ests and $106-108 mln guidance.
Talent Solutions: Revenue from Talent Solutions products totaled $275.9 million, an increase of 50% compared to the first quarter of 2013. Talent Solutions revenue represented 58% of total revenue in the first quarter of 2014, compared to 57% in the first quarter of 2013. Marketing Solutions: Revenue from Marketing Solutions products totaled $101.8 million, an increase of 36% compared to the first quarter of 2013. Marketing Solutions revenue represented 22% of total revenue in the first quarter of 2014, compared to 23% in the first quarter of 2013. Premium Subscriptions: Revenue from Premium Subscriptions products totaled $95.5 million, an increase of 46% compared to the first quarter of 2013. Premium Subscriptions represented 20% of total revenue in the first quarter of 2014 and 2013. Co issues in-line guidance for Q2, sees Q2 revs of $500-505 mln vs. $504.81 mln Capital IQ Consensus Estimate; sees Q1 EBITDA $118-120 mln vs. $121 mln estimates.
Co raises guidance, below estimates for FY14, raises FY14 EBITDA to $505-510 mln from $490 mln vs. the $518 mln consensus; raises revs to $2.06-2.08 bln from $2.02-2.05 bln vs. $2.11 bln Capital IQ Consensus Estimate. |
