LinkedIn shares up after hours on revenue rise

first_imgThe figuresLinkedIn’s fourth quarter revenue came in at $643m, up 44 per cent year-on-year, well ahead of expectations of $617m, taking full-year revenue to $2.2bn, up 45 per cent on 2013’s $1.5bnShares were up six per cent in after-hours trading. Revenue from its recruitment business, marketing solutions and premium subscriptions were all up, 41 per cent, 56 per cent and 38 per cent respectively in the quarter.Some 60 per cent of the quarter’s revenue came from its home US market and 40 per cent from international markets.Why it’s interestingLinkedIn continues to grow solidly and has surged ahead of more glamorous social networks with solid revenue streams and money-making products.What Twitter saidLinkedIn chief Jeff Weiner said:”The fourth quarter capped another successful year for LinkedIn, which was marked by steady member growth and strong financial results. We continued to make significant progress against a number of multi-year, strategic initiatives including mobile, jobs, content, and global expansion.”In shortAnother set of positive numbers from LinkedIn will keep Wall Street happy.  LinkedIn shares up after hours on revenue rise Lynsey Barber by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Weekzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldLivestlyThe Best Redhead Actresses, RankedLivestlyNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableySenior Living | Search AdsSenior Apartments Coming to Scottsdale (Take A Look At The Prices)Senior Living | Search AdsDefinitionThe Most Famous Movie Filmed In Every U.S. StateDefinitionBeach RaiderMom Belly Keeps Growing, Doctor Sees Scan And Calls CopsBeach Raider whatsapp Show Comments ▼ center_img whatsapp More From Our Partners Fort Bragg soldier accused of killing another servicewoman over exthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.com Thursday 5 February 2015 5:19 pm Tags: LinkedIn Silicon Valley results Sharelast_img

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