LinkedIn is expected to report earnings of 9 cents per share on revenue of $179 million. In the same period a year ago, the company broke even with revenue of $94 million.
The question is if the ever-growing and hugely successful professional networking service can sustain the brisk growth that has not only had job seekers and industry experts flocking to the site, but also sent its shares soaring. LinkedIn's stock has climbed nearly 70% this year.
LinkedIn did report commendable fourth-quarter numbers and enjoyed significant revenue growth across all segments. But a prior stellar quarter does not portend the same in a subsequent one.
If first-quarter results are a letdown, shares could plummet.
A Look at LinkedIn (NYSE: LNKD)The Mountain View, CA-based company has enjoyed explosive expansion in its membership. LinkedIn ended 2011 with some 145 million members, up from 90 million at 2010's end.
LinkedIn is becoming a Facebook-type site for career-minded professionals. Helped no doubt by the high and stagnant unemployment rate, the Website drew more than 100 million monthly visitors in January for the first time, research firm comScore Inc. reported.
MarketWatch notes that as more and more employers, headhunters and job seekers congregate to the site, using it as a digital rolodex, LinkedIn benefits from the fees it charges companies, recruiting services and people who opt to pay for additional access to the members.