Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

LinkedIn Beats Expectations Across The Board ... And The Stock Dips For Some Reason

Jillian D'OnfroMay 2, 2014, 01:52 IST

Getty Images/Mandel NganLinkedIn just announced its first quarter earnings and it beat on both EPS and revenue. Here are the numbers:

EPS: $0.38 (compared to analyst estimates of $0.34)
Revenue: $473.2 million (compared to analyst estimates of $466.57 million)

The stock has been fluctuating in reaction to the news, but it's been negative the whole time. Right now it's down 3%.

We're not sure what's up, but we're trying to figure it out, if you have any ideas let us know in the comments!

LinkedIn's revenue guidance for Q2 was between $500 million and $505 million, compared to analyst estimates of $505.08 million, so that's a little low.

Here's the full press release: