Linked to publish its financial results for the third quarter and refers to the possession of 400 million user




Network published Linked yesterday its financial results for the third quarter of this year and indicated the network to the ownership of more than 400 million users within its site, compared to nearly one million active users in the last year.

According to the social network in its reports that the financial net income was $ 103 million, and while legate revenues of $ 780 million, an increase of 37% from last year, and the financial market Wall Street expected 755.64 million dollars of revenue.

He linked network and pointed out it’s got revenues by $ 41 million in new education sub-portal specialized in providing learning services through the Internet about several areas which acquired Linked in April.

Said Jeff Weiner, chief executive in a statement: “The continuing integration of continued in the third quarter of this year with the launch of the new Linked courses and add new features to our members,” and completed “and keep businesses strong in the fourth quarter a current customers signed to renew the contract with Lynda .com multiple of more than four million years, which is the largest deal in the history of the service. ”

The Linked company, which is headquartered in Mountain View, Calif. Has acquired in April in a deal of $ 1.5 billion, which was the largest acquisition carried out by the Linked yet.

Linked network and members of its network has increased to 396 million users by the end of the quarter, to announce later on the number of users exceeded 400 million as of last week.

Professional social network has seen a growth in the number of jobs, where Linked Network indicated that it now has more than four million active lists jobs, compared with nearly one million a year ago.

The number of surfers page jobs by 90% year after year, and accompanied by a rise in September by 75%, while B_khas submit employment applications for those jobs.

Linked to network and get the expected revenues of between $ 845 million to $ 850 million during the fourth quarter of this year, Linked expects to end 2015 with annual revenues of 2.975 billion dollars to 2.980 billion dollars.


Tags: , ,

In: A Technology & Gadgets Asked By: [21378 Red Star Level]

Answer this Question

You must be Logged In to post an Answer.

Not a member yet? Sign Up Now »