LinkedIn 1Q Revenue Jumps 35%, Shares Pop After Hours
LinkedIn Corp (NASDAQ: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.
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)