View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Data
February 11, 2013

LinkedIn reports Q4 2012 revenues of $303.6m

LinkedIn’s successful streak continues.

By Tineka Smith

The company’s net income significantly increased year-over-year with $11.5m in Q4 2012 compared to $6.9m in Q4 2011.

"2012 was a transformative year for LinkedIn," said the company. "We exited 2011 having successfully revamped our underlying development infrastructure. Based on that investment, we said that 2012 would be a year of accelerated product innovation, and it was. The products we delivered throughout the year drove member engagement and financial results to record levels in the fourth quarter."

Revenues increased 86% for the full year of 2012, rising from $522.2m to $972.3m.

LinkedIn’s marketing and talent solutions alone brought it $244.2m of its revenue.

LinkedIn’s third quarter 2012 revenue totalled $252m compared to $139.5m during the same period last year.

The company reported a net income of $2.3m compared to a net loss of $1.6m during Q3 2011.

The company made $138.4m in revenue from its Talent solutions products, a dramatic increase of 95% compared to Q3 2011.

Content from our partners
Unlocking growth through hybrid cloud: 5 key takeaways
How businesses can safeguard themselves on the cyber frontline
How hackers’ tactics are evolving in an increasingly complex landscape

Revenue from talent solutions accounted for 55% of total revenue for the quarter. LinkedIn’s marketing solutions products totalled $64m, representing 25% of total revenue in the third quarter of 2012.

"LinkedIn had a strong third quarter with all of our key operating and financial metrics showing solid growth," said Jeff Weiner, CEO of LinkedIn. "The last few months mark the most significant period of product development in the company’s history. This accelerated pace of innovation is fundamental to our goal of driving greater engagement on the LinkedIn platform."

 

 

 

 

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU