| LinkedIn revises upward outlook, beats on profit May 3rd 2012, 20:49  Reuters – 10 mins ago (Reuters) - LinkedIn Corp reported better-than-expected revenue and profit after it racked up strong growth from its services that help companies find and hire employees and it revised upward its 2012 outlook. The professional networking site also announced on Thursday that it acquired content sharing company SlideShare for $118.75 million in a mix of cash and stock. First quarter revenue at LinkedIn rose 101 percent to $188.5 million, besting analysts' average forecast of $178.58 million, according to Thomson Reuters I/B/E/S. Shares of LinkedIn were up 9 percent in after-hours trading to $120.50 from their $109.41 close in regular trading. The Mountain View, California-based company was one of the first prominent U.S. social networking sites to make its debut in an initial public offering a year ago, whetting the appetites of those eagerly awaiting Facebook's impending IPO. The company revised its 2012 outlook, expecting revenue in the range of $880 million to $900 million from a prior range of $840 million to $860 million. Excluding special items, its first-quarter earnings per share of 15 cents was well above analysts' expectations of 9 cents per share. Net income rose to $5 million from $2.1 million in the same quarter a year ago. (Reporting by Jennifer Saba; Editing by Bernard Orr and Tim Dobbyn) 
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