LinkedIn Corporation's CEO Discusses Q1 2012 Results - Earnings Call Transcript

LinkedIn Corporation (LNKD)

Q1 2012 Earnings Call

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.

Matt Sonefeldt

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.

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