Shares of business social network site LinkedIn have fallen sharply in after-hours trading after it reported its first quarter earnings, according to BBC News.
The company also said it expected to make between $670mln and $675mln in the three months to June, less than the $718mln that had been expected.
It blamed the stronger U.S. dollar and costs related to the purchase of the U.S. online business Lynda. LinkedIn announced it was buying the company for $1.5bn last month.
Chief financial officer Steve Sordello said he expected revenue contribution from the purchase to "normalize" in the second half of 2016.
Its New York listed stock was down as much as 25% to $188.20 in extended trading.
The disappointing forecasts came as the company reported that its net loss for the first quarter widened to $43m. That compares to a loss of $13mln for the first quarter of 2014.
However, revenue grew 35% in the period to $638m.
Chief executive Jeff Weiner described the quarter as "solid" and one in which the company "maintained steady growth".
