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.
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