Further to my
post of 2 November 2012 http://vicg8hr.blogspot.ca/2012/11/growing-numbers-think-linkedin-is-good.html, LinkedIn has reaffirmed its status as the biggest
social-media success story based on the continued escalation of its number of
users, revenues, and stock-market returns for investors.
Among the
highlights of recent financial reports:
- LinkedIn’s stock price
has increased by over 230 percent from its initial public offering in May
2011.
- Every quarter since it went public,
the company has exceeded analysts’ expectations.
- After it reported an 81 percent
increase in fourth-quarter revenue on Thursday, its stock skyrocketed 21
percent of Friday to record-high levels of US$151.89
per share.
- For the third straight quarter,
LinkedIn users have increased by 8 percent, bringing the current count to
just over 200 million.
- Although Facebook remains the largest
social network with over 1 billion users, it relies mainly on revenue from
advertising. By contrast,
LinkedIn depends on a healthy combination of advertising and subscription
revenues from its premium products.
- BMO Capital Markets Corp. analyst
Daniel Salmon recently advised investors: “We believe LinkedIn is replacing job boards and other
sources at the go-to source to find employees—something which should propel
strong growth for the foreseeable future.”
If
you haven't become a registered LinkedIn user yet, now might be a good time to
take the plunge and find out what all the fuss is about. https://www.linkedin.com/reg/join
http://mashable.com/2013/02/07/linkedin-stock-jumps-10-after-q4-revenue-tops-300-million/
