Daily Archives: August 2, 2012

LinkedIn Reports Q2 Earnings

LinkedIn Reports Q2 Earnings. Today LinkedIn reported its second quarter financial performance, which included revenues of $228 million, and earnings per share of $0.16. Analysts had expected revenues of $216 million, and earnings per share of $0.16. Essentially, LinkedIn outperformed on its top line, and met expectations on its bottom.

Year over year, its revenues were up some 89%. GAAP earnings per share was $0.03. LinkedIn was down just over 2% in normal trading, and is now rising in after hours trading. LinkedIn reported that it has some 175 million members, making it one of the world’s largest digital relationship networks. US Revenues comprised some 65% of total revenues for the firm’s quarter.

Non-GAAP net income for the quarter was $18.1 million. For comparison, you can read TNW’s coverage of LinkedIn’s last quarterly report here.

Given the market’s reaction, and the fact that LinkedIn did manage to best expectations on one metric, the company performed well. Still, the company is richly valued. According to Google Finance, before this report and its recent stock uptick, LinkedIn’s PE ratio was over 575. LinkedIn’s performance today may buoy its Beauregard Internet brethren, Facebook.

Finally, LinkedIn has boosted its full year fiscal expectations “upward to $915 million to $925 million from the prior range of $880 million to $900 million.” Full speed ahead.

Source: The Next Web


2012 Social Networks Leaders – Infographic

We love the Olympics, but an international social media showdown is a little more our speed.

Ignite Social Media is back with the 2012 Social Network Analysis Report, breaking down demographic, geographic and search data that shows which networks are the underdogs and which are mounting the winners’ podium.

Here at Mashable, we can’t get enough GIFs and hashtags. We’re excited to see that this type of digital currency is gaining value — Twitter and Tumblr are among the top five networks with the strongest rate of growth. Pinterest, Reddit and LinkedIn round out the pack.

Launched just over a year ago, Google+ was included in the report for the first time this year but is notably absent from the list of fastest growing platforms. And while Facebook is actively continuing its quest for world domination, it’s hard to improve your growth rate when practically everyone’s already joined the club.

You just might feel a few pangs of nostalgia looking at the decliners, especially Digg, Myspace and — wait, Friendster still exists? For the Diggers out there who are still holding on, the site’s re-launch just might revive the network. As for the others, things are looking pretty grim.

Comcast’s Plaxo boasts the oldest and the wealthiest users, statistics that unsurprisingly go hand in hand. Social travel network WAYN and review site Yelp also ranked high in both of those categories.

Check out the graphic below, with data based on a report from Ignite Social Media. It also features statistics about men versus women, the youngest skewing networks and which sites are luring in the whiz kids. The researchers at Ignite point out that social network search interest continues to remain stagnant, as it has since 2009.

Source: Mashable.com, ignite social media

83 Million Facebook Accounts Are Fake

83 Million Facebook Accounts Are Fake. Source: Mashable.com

The number of fake accounts on Facebook is roughly the size of Egypt’s population and larger than most of the world’s countries, the company disclosed this week.

In a 10-Q filing, Facebook acknowledged that a total of 8.7% — or 83 million — accounts on the network are bogus. Of that 8.7%, 4.8% are duplicate accounts, 2.4% are user-misclassified accounts and 1.5% are “undesirable” accounts, a.k.a. spam.

The figure is a bit higher than the company’s previous estimates. In a March filing, Facebook claimed about 5% to 6% of its accounts — or 40.3 million to 50.7 million — were fake. The company also says it bans at least 20,000 accounts daily and estimates about 600,000 accounts per day are compromised.

Taking the latest figures into account, Facebook’s latest claim of 955 million active users would be downgraded to 872 million.


U.S. Olympians With Most Social Media Influence – Infographic

Basketball star LeBron James, swimmer Michael Phelps and soccer goalkeeper Hope Solo take the gold, silver and bronze medals respectively for social media influence among American Olympians.

Other top influencers include basketball scoring machine Kevin Durant, swimmer Ryan Lochte and gymnasts Jordyn Wieber and Aly Raisman. This all comes from the social media analytics company PeopleBrowsr, which recently pulled data using its Kred influence measurement tool to create the infographic below. Kred’s algorithms measure Twitter reach and influence, as well as how generous users are about interacting with their followers.

On a 1,000-point influence scale, James tops out at 999, while Phelps and Solo both score 977. But Phelps beats her out with a slightly higher engagement rating. Durant, it should be noted, beats both Phelps and Solo but apparently there’s a cap of one medal per sport.

Measuring social media influence is especially relevant for this year’s Olympics, which are seen by many as the world’s “first social Games.” Social media use has exploded since the last summer games, and the International Olympic Committee has ramped up its social presence.

Some athletes feel unfairly constrained by social media sharing rules, however. National Olympic committees, meanwhile, have already booted two athletes — a Greek triple jumper and a Swiss soccer player — for tweeting racist messages from London. And, after a medal round flop, British diver Tom Daley responded to a hateful social media troll by publicly outing him on Twitter earlier this week.

Source: Mashable.com, People Browsr