Forum Moderators: phranque

Message Too Old, No Replies

LinkedIn Reports 120% Jump In Q3 Revenues And Profits Up

         

engine

11:36 am on Aug 5, 2011 (gmt 0)

WebmasterWorld Administrator 10+ Year Member Top Contributors Of The Month



LinkedIn Reports 120% Jump In Q3 Revenues And Profits Up [guardian.co.uk]
LinkedIn, the fast-growing social network for business professionals, reported a 120% leap in revenues between April and June this year in its first results as a public company.


Revenues at LinkedIn reached $121m (£74m) and net profit rose to $4.5m from $4.3m in the second quarter of 2010, according to results published on Thursday.


The site founded by Reid Hoffman, who is also its biggest shareholder, made its stock market debut in May, one of the first of the new generation of highly valued social media firms to go public.

justrobin

5:46 am on Aug 9, 2011 (gmt 0)

10+ Year Member



Being an active LinkedIN member, I am happy to hear this news. This means that people are now getting into LinkedIn now for its features different from other social media sites.

Great job!