LinkedIn 1Q Revenue Jumps 35%, Shares Pop After Hours

Earnings Reuters

LinkedIn Corp (LNKD), the operator of the world's biggest online network for professionals, reported a 35 percent rise in quarterly revenue as demand grew for its hiring services.

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However, the net loss attributable to LinkedIn widened to $45.8 million, or 35 cents per share, in the first quarter ended March 31 from $42.5 million, or 34 cents per share, a year earlier.

Revenue rose to $860.7 million from $637.7 million.

(Reporting by Kshitiz Goliya in Bengaluru; Editing by Kirti Pandey)