Business-oriented social networking company LinkedIn today announced a $71 million non-GAAP profit, or 55 cents per share, on the $712 million in revenue that it brought in during the second quarter of 2015.
It’s been a good quarter, financially speaking. Analysts were forecasting $679.8 million in revenue and 30 cents in earnings per share.
The social network now has 380 million members, up from 364 million last quarter, according to today’s earnings statement.
Quarterly revenue was up 33 percent year over year. The company’s talent solutions revenue in particular was up 38 percent.
Earlier this week social networking companies Facebook and Twitter both reported user growth.
LinkedIn announced the $1.5 billion acquisition of Lynda.com, introduced the Elevate app through which members can share content about their companies, relaunched the Pulse news app, and open-sourced its Pinot real-time analytics software in the second quarter of this year.
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LinkedIn hits 380 million members and $71M profit, $712M in revenue in Q2
from VentureBeat » Social Media Companies | Social Network News | VentureBeat http://ift.tt/1I5jjh1
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