Kirayaka International : LinkedIn Shares Soar.

Kirayaka International - The shares in the professional person's social media site jumped by over 20% after announcing their results.

Houston, TX (prHWY.com) March 15, 2013 - Kirayaka International recently held an investors meeting in which they reportedly revealed that LinkedIn posted impressive results. The shares in the professional person's social media site jumped after they publicized their results.

LinkedIn Corp. saw their shares jump by over 20% after announcing results saw gains for the seventh straight quarter. The Mountain View, California based company announced that their fourth quarter revenue increased by 81% while also raising their first quarter forecast.

In contrast to the success of LinkedIn, which has seen a more than tripling of its share price from its $45 IPO in 2011 to $155 recently, fellow social Internet companies such as Facebook, Zynga and Groupon have struggled.

Kirayaka International are believed to have reminded investors that some of the founders of PayPal and former CEO (now executive Chairman) Reid Hoffman founded LinkedIn in 2002. According to data allegedly reviewed by Kirayaka International, Hoffman's stake in LinkedIn is now valued at $2.6 billion.

LinkedIn's shares are currently trading at more than 110 times the forecast earnings for the next 12 months, more than double the 48 times that Facebook is trading at. Facebook is undoubtedly the larger company, enjoying as many as 1 billion active users compared to LinkedIn's 200 million, while also with more than $5 billion last year revenues to LinkedIn's $972 million.

However, LinkedIn is far less dependent on advertising revenues, and as such are not facing the same challenges that Facebook are on how to monetize access from mobile devices. Only 27% of LinkedIn's revenues are derived from advertising, with the remainder coming from recruitment and data mining tools to help employers gain insight on the right staff to acquire.

Kirayaka International are understood to have remarked that LinkedIn had revenues of $304 million for the quarter, an 81% increase from the same quarter of the previous year, with earnings of $11.5 million.

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Categories: Business

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