LinkedIn Posts Q3 Revenue Of $393 Million, 259 Million Monthly Active Users


LinkedIn

LinkedIn published its Q3 2013 earnings report today, and posted revenue of $393 million, well above analyst expectations of $385 million.

Earnings per share were at 39 cents, up from analyst expectations of 31 cents. However, on a GAAP basis, the business social network lost three cents per share.

Here is a breakdown of revenue across the company:

  • Talent Solutions – $224.7 million, up 62 percent year-over-year
  • Marketing Solutions – $88.5 million, up 38 percent year-over-year
  • Premium Subscriptions – $79.8 million, up 61 percent year-over-year

According to LinkedIn, it expects Q4 revenue of $415 to $420 million.

Monthly active users have increased 21 million from Q3 to 359 million, resulting in a 28 percent increase year-over-year.

The social network adds around two new members every second, and has 184 million monthly unique visitors. Currently in after hours, LinkedIn is trading around $239, down from a high of $247.


Mike Stenger

Lover of technology, Mike often makes jokes that nobody laughs at.

0 Comments

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.