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Continued: LinkedIn's 2nd-quarter earnings rise 33 percent as networking service adds 20 million members

  • Article by: MICHAEL LIEDTKE , AP Technology Writer
  • Last update: August 1, 2013 - 5:05 PM

The company's management forecast revenue of $367 million to $373 million in the current quarter, which ends in September. That's below the average analyst estimate of $384 million. Its revenue forecast for the year is also short of Wall Street's view.

Analysts have been raising the bar on the theory that LinkedIn lowballs its financial guidance in an effort to make it easier to surpass the quarterly estimates.

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