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May 03, 2012 05:00 pm ET
Matt Sonefeldt - Senior Manager, IR
Jeff Weiner - Chairman, CEO & President
Steve Sordello - SVP & CFO
Herman Leung - Susquehanna
Heath Terry - Goldman Sachs
Kerry Rice - Needham & Company
Justin Post - Merrill Lynch
Tim Mchugh - William Blair
William Bird - Lazard
Rohit Kulkarni - Citigroup
Mark May - Barclays
Craig Huber - Huber Research Partners
Good day, ladies and gentlemen, and welcome to the LinkedIn first quarter 2012 earnings conference call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will be given at that time. (Operator Instructions). As a reminder, this conference call maybe recorded.
I would now like to hand the conference over to Mr. Matt Sonefeldt, Senior Manager for Investor Relations. Sir, you may begin.
Good afternoon. Welcome to LinkedIn's first quarter of 2012 earnings call. Joining me today to discuss our results are CEO, Jeff Weiner and CFO, Steve Sordello. Before we begin, I would like to take this opportunity to remind you that during the course of this conference call, management will make forward-looking statements which are subject to various risks and uncertainties.
These include statements related to the expected number of growth and engagement, the expected number of searches by our members, our product offerings, the macroeconomic climate, potential impact of acquisitions on our business, the results of our research and development efforts, including the acceleration of our product deployment process, which is revenue, including revenue growth rate, adjusted EBITDA, depreciation and amortization, and stock-based compensation, share dilution, taxes, as well as sales channel mix and hiring plans, R&D expense and expectations for certain markets in the first quarter.