Groupon rebounds with $559M in Q1 revenue

Still reeling from a disastrous fourth quarter, Groupon beat Wall Street’s expectations and reported $559.3 million in revenue and $39.6 million in operating income for the first quarter of 2012. Monday’s earnings report is Groupon’s second since opening on the NASDAQ in November.

LinkedIn delivers, Q1 revenue up 101% to $188.5M

Expectations were astronomically high for LinkedIn’s first quarter 2012 earnings, and the professional social network more than delivered with $188.5 million in revenue and net income of $5 million.

Amazon’s revenue climbs to $13.18B in Q1, but net income down 35%

E-commerce juggernaut Amazon reported net sales of $13.18 billion for the first quarter of 2012, up 34 percent from the same quarter last year. But the company also revealed it made $130 million in net income, or $0.28 per diluted share, for the quarter, which is down 35 percent year-over-year.