Summary Box: LinkedIn Impresses With 4Q Results


Salon Staff
February 10, 2012 6:09AM (UTC)

NETWORKING PAYS OFF: LinkedIn Corp. earned $6.9 million in the fourth quarter as its online professional networking service added 14 million members. Revenue more than doubled from a year earlier to nearly $168 million. The results were better than management and analysts had forecast.

THE CATALYST: LinkedIn is playing an increasingly influential role in the employment market as its website emerges as a digital rolodex for headhunters and job seekers alike. At the end of 2011, LinkedIn featured about 145 million profiles.

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INVESTORS CHEER: The company's stock surged almost 9 percent in after-hours trading Thursday after the results came out.


Salon Staff

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