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OCT 29, 2013 - Investors Business Daily

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LinkedIn Earnings Soar But Revenue Outlook Short

LinkedIn blew past third-quarter earnings forecasts late Tuesday, but shares retreated on a weak revenue outlook. The networking site for professionals said membership rose by 21 million vs. Q2 to top 259 million, as "members engaged at record levels across desktop and mobile devices." Membership rose 38% vs. a year earlier. LinkedIn (LNKD) adjusted earnings leapt 77% to 39 cents a share -- 7 cents above the Thomson Reuters

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