The Traderszone Network

Published in TZ Latest News 1 May, 2014 by The TZ Newswire Staff

LinkedIn’s sales outlook again falls short

LinkedIn Corp (LNKD) forecast 2014 revenue below Wall Street’s expectations on Thursday, underscoring concerns about its ability to sustain its rapid growth and helping to drag its shares more than 3 percent lower. The social networking company, which is geared toward connecting professionals with prospective employers, foresees revenue of $500 million to $505 million this quarter, compared with an average Wall Street forecast of $505.1 million.

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