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Friday, October 30, 2015

LinkedIn Earnings Beat Expectations With $780M In Revenue, Stock Jumps 9% — LinkedIn handily beat analyst expectations today with revenue of $780 million and earnings of 78 cents per share.

LinkedIn Corporation (NYSE:LNKD), the world's largest professional network on the Internet reported its results for the third quarter of 2015. The transcript with prepared remarks is contained within this release. In addition, a supplemental presentation will be made available on the investor relations section of the LinkedIn website at http://investors.linkedin.com.
"LinkedIn delivered strong results in the third quarter, and recently announced several products focused on delivering increased member and customer value," said Jeff Weiner, CEO of LinkedIn. "Our commitment to investing in our long-term roadmap continues to lay the foundation for future growth of the company."
LinkedIn added a number of enhancements across our member value propositions during the quarter, including replacing the email inbox with a new messaging experience, expanding the publishing platform to include German, French, and Portuguese languages and developing the next generation of LinkedIn's mobile flagship experience.
Total revenue increased 37% year-over-year to $780 million, which includes $41 million in revenue from lynda.com.

Source Linkedin 

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