“Post-IPO life hasn’t been kind to Facebook and other newly public social startups, whose plummeting shares have left investors downtrodden. But LinkedIn, the first of the big social network upstarts to go public, continues to prove it can be a money-making machine.
Wall Street analysts had high expectations for LinkedIn’s (LNKD) fourth quarter, and the company still beat on both counts. LInkedIn netted $40.2 million, or 35 cents per share — more than three times as much as the $13 million it made a year earlier…”
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