LinkedIn profits on Employers seeking talent – $643 M revenue shares
LinkedIn today reported the results of its fourth financial quarter of 2014. The company handily beat Wall Street’s expectations with its revenue of $643, up 44% from the year-ago quarter, for non-GAAP earnings per share of $0.61. Wall Street expected earnings per share around $0.53 and revenue of just under $617 million.
For the full year, LinkedIn reported revenue of $2.219 million, an increase of 45% compared to 2013. Non-GAAP net income in 2014 was $254 million, compared to $192 million in 2013.
“The fourth quarter capped another successful year for LinkedIn, which was marked by steady member growth and strong financial results,” said Jeff Weiner, CEO of LinkedIn. “We continued to make significant progress against a number of multi-year, strategic initiatives including mobile, jobs, content, and global expansion.”
The company breaks out its earnings by three business units: talent solutions, marketing solutions and premium subscriptions. Talent solutions revenue came in…
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