‘LinkedIn Revenues Jump 59%’ – ‘Mashable’

Todd Wasserman says, “LinkedIn reported another good quarter on Thursday as the company’s revenues jumped 59% to $363.7 million and earnings came in at $0.38 per share, beating the consensus estimate of $0.31.

“Accelerated member growth and strong engagement drove record operating and financial results in the second quarter,” said Jeff Weiner, CEO of LinkedIn, in a release from the company. “We are continuing to invest in driving scale across the LinkedIn platform in order to fully realize our long-term potential.”

Membership for LinkedIn also hit 238 million”.