To expand its potential revenue base, LinkedIn just bought Bright Media Corp., an analytics company that helps match candidates with the right employers, for about $120 million in cash and stock.
By Sarah Frier |
Updated on February 07, 2014
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LinkedIn Corp. (LNKD) is forecasting sales that trail analysts’ estimates as growth slows in all three of the professional-networking site’s businesses.
First-quarter revenue will be $455 million to $460 million, the Mountain View, California-based company said Thursday in a statement. Analysts on average projected sales of $469.4 million, according to data compiled by Bloomberg.
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