/// LinkedIn Beats Again as Revenue Jumps to $364 Million

August 1, 2013  |  All Things Digital


Asa Mathat / AllThingsD.com Another earnings season, another beat from the Internet company that can seemingly do no financial wrong. LinkedIn reported second quarter earnings results on Thursday, with earnings per share of .38 on revenue of $364 million. That easily beats analysts’ consensus of an EPS of .31 on revenue of $353.85 million. “Accelerated member growth and strong engagement drove record operating and financial results in the second quarter,” said LinkedIn CEO Jeff Weiner in a canned statement. “We are continuing to invest in driving scale across the LinkedIn platform in order to fully realize our long-term potential.” As always, the bulk of the company’s revenue was comprised of the Talent Solutions group, which accounted for $205.1 million, an increase of 69% compared to the year-ago-quarter. Shares of LinkedIn were trading down nearly three percent in after hours, hovering in the $207 price range.

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LinkedIn Beats Again as Revenue Jumps to $364 Million

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