From what I can tell it has, but I'm not a financial expert.
It wasn't that the Q4 earnings weren't up to snuff, they were, they exceeded expectations. It's that LinkedIn lowered it's predictions for next year.
The job networking site said that revenue for first quarter of 2016 is expected to be $820 million and adjusted earnings per share will be 55 cents. For the full year, revenue is forecasted to be about $3.6 billion. Investors were discouraged by these numbers, because they were expecting $867 million in revenue for the current quarter and $3.9 billion for the full year.
It wasn't that the Q4 earnings weren't up to snuff, they were, they exceeded expectations. It's that LinkedIn lowered it's predictions for next year.
The job networking site said that revenue for first quarter of 2016 is expected to be $820 million and adjusted earnings per share will be 55 cents. For the full year, revenue is forecasted to be about $3.6 billion. Investors were discouraged by these numbers, because they were expecting $867 million in revenue for the current quarter and $3.9 billion for the full year.