TechBookyBusiness
No Result
View All Result
Thursday, June 30, 2022
  • Login
  • Home
  • TechBooky
  • Africa
  • TV
  • Startup
  • Earnings
  • Crypto Price
  • Submit Article
  • Contact Us
  • About Us
Subscribe
TechBooky Business
No Result
View All Result
Home Acquisition

LinkedIn Q3 Earnings Barely Beats Expectations, Revenue Up 23 Percent

Femi Balo by Femi Balo
November 3, 2016
in Acquisition, Earnings
Share on FacebookShare on Twitter

LinkedIn posted a basic report earnings last week and the reason is because it’s in the process of being acquired by Microsoft to the tune of $26.2b. As a result, there’s no guidance for the fourth quarter because eventually, it would need to do that with the Microsoft team. But here’s a quick break down of their third quarter earnings.

The largest professional social media company in the world posted some strong earnings too. Third quarter revenue stood at $960m (versus $959m expected) which is up 23 percent from a year ago. Earnings per share was $1.18 versus $0.78 in the same period last year. New membership was up 18 percent to 467 million.

Talent Solutions revenue increased 24% year-over-year to $623 million.

  • Hiring contributed $556 million in revenue, up 21% year-over-year.
  • Learning & Development contributed $67 million in revenue.

Marketing Solutions revenue increased 26% year-over-year to $175 million.

  • Sponsored Content remained the primary driver of growth and is now approaching two-thirds of total Marketing Solutions revenue.

Premium Subscriptions revenue increased 17% year-over-year to $162 million.

  • Sales Navigator remained the faster growing component of Premium Subscriptions, across both the field and online channels.

As you see above, LinkedIn ads revenue grew 26 percent to $175m.

They launched LinkedIn Learning; an e-learning portal for individuals and organisations that wish to train their staff online in September. This could be another source or revenue which you may expect to see in future earnings reports.

Total
0
Shares
Share 0
Tweet 0
Pin it 0
Share 0

Related Posts:

  • Microsoft Beats Fiscal Third Quarter Quarter Estimates, Shares Soar 6 Percent In Extended Trading
    Microsoft Beats Fiscal Third Quarter Quarter Estimates,…
  • Snap Beats Analysts’ Estimates On Earnings, Revenue And User Growth, Reports First Profitable Quarter As A Public Company
    Snap Beats Analysts’ Estimates On Earnings, Revenue And User…
  • Alphabet Earnings Goes Up By 23% In Q4 Of 2020 Beating Expectations
    Alphabet Earnings Goes Up By 23% In Q4 Of 2020 Beating…
  • Qualcomm Reports First Quarter Earnings, Beats Estimates For Revenue And Guidance
    Qualcomm Reports First Quarter Earnings, Beats Estimates For…
  • Pinterest Stock Rose More Than 25 Percent In Extended Trading After Reporting Earnings For The Fourth Quarter
    Pinterest Stock Rose More Than 25 Percent In Extended…
  • Shares Of eBay Drop 11 Percent On Weak Guidance For First Quarter Of 2022
    Shares Of eBay Drop 11 Percent On Weak Guidance For First…
  • Zoom Issues Better-than-expected First Quarter Earnings And Strong Guidance
    Zoom Issues Better-than-expected First Quarter Earnings And…
  • Microsoft Reports Earnings, Sees 22 Percent Growth In Revenue
    Microsoft Reports Earnings, Sees 22 Percent Growth In…
Tags: earningsearnings seasonlinkedinsocial media
Previous Post

As Amazon Earnings Miss, Its Web Services Revenue Continues To Beat Expectations

Next Post

Facebook Third Quarter Earnings Smash Again But Stocks Fell 8 Percent On 2017 Ads Revenue Worries

Next Post
Facebook Third Quarter Earnings Smash Again But Stocks Fell 8 Percent On 2017 Ads Revenue Worries

Facebook Third Quarter Earnings Smash Again But Stocks Fell 8 Percent On 2017 Ads Revenue Worries

No Result
View All Result

Get top tech business news in your inbox

subscription from
Loading

Crypto Price List

  • USD
  • EUR
  • GPB
  • AUD
  • JPY
  • TadpoleTadpole(TAD)
    $7.32-1.74%
  • SEENSEEN(SEEN)
    $2.05-2.27%
  • EvedoEvedo(EVED)
    $0.082301-0.80%
  • MarginswapMarginswap(MFI)
    $0.184213-2.11%
  • SakeTokenSakeToken(SAKE)
    $0.0127135.28%
  • WTF TokenWTF Token(WTF)
    $0.0113500.17%
  • BNSD FinanceBNSD Finance(BNSD)
    $0.005461-5.83%
  • RobotinaRobotina(ROX)
    $0.00266138.50%
  • CageCage(C4G3)
    $0.005010-3.67%
  • YAM v2YAM v2(YAMV2)
    $4.70-1.41%

Recent Posts

  • Snapchat Launches Its Paid Subscription Plan Snapchat Plus
  • Taiwan’s Central Bank Is Working On A Government-run Digital Currency
  • Kukua, An Africa’s ‘Edu-tainment’ Company And Creator Of Super Sema, Secures $6 Million In Series A Funding Co-led By Tencent And Alchimia
  • Pinterest Stock Soars On The Announcement That CEO Ben Silbermann Is Stepping Down
  • Nigeria’s Payment Platform Abeg Rebrands Into Social Commerce Platform Pocket By Piggvest

Categories

  • Acquisition
  • Acquisition & Merger
  • App
  • Banking
  • Capital
  • Cryptocurrency
  • Earnings
  • Ecommerce
  • Economy
  • Enterprise
  • Event
  • Funding
  • Gadget
  • Government
  • internet
  • Investment
  • Market
  • Merger
  • Money
  • Partnership
  • Personnel
  • Service
  • Social Media
  • Startup
  • Stocks
  • telecom
  • Venture Capital

Get top tech business news in your inbox

subscription from
Loading

Popular Tags

Acquisition africa amazon apple bitcoin cbn china coinbase company crypto cryptocurrency e-commerce E-Naira earnings earnings season elon musk facebook fintech Funding gadget google government india internet Investment ipo kenya microsoft money netflix nigeria payment payments Q1 revenue russia service shares social media Startup Stock tesla twitter Ukraine whatsapp

Calendar

June 2022
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
27282930  
« May    

Categories

  • Acquisition
  • Acquisition & Merger
  • App
  • Banking
  • Capital
  • Cryptocurrency
  • Earnings
  • Ecommerce
  • Economy
  • Enterprise
  • Event
  • Funding
  • Gadget
  • Government
  • internet
  • Investment
  • Market
  • Merger
  • Money
  • Partnership
  • Personnel
  • Service
  • Social Media
  • Startup
  • Stocks
  • telecom
  • Venture Capital

Recent News

  • Snapchat Launches Its Paid Subscription Plan Snapchat Plus
  • Taiwan’s Central Bank Is Working On A Government-run Digital Currency
  • Kukua, An Africa’s ‘Edu-tainment’ Company And Creator Of Super Sema, Secures $6 Million In Series A Funding Co-led By Tencent And Alchimia
  • Pinterest Stock Soars On The Announcement That CEO Ben Silbermann Is Stepping Down
  • Nigeria’s Payment Platform Abeg Rebrands Into Social Commerce Platform Pocket By Piggvest
  • Crypto Exchange FTX Debunks News That It Plans To Acquire Robinhood

© 2021 Techbooky Business - Design by Techbookyelite.

No Result
View All Result
  • Home
  • TechBooky
  • Africa
  • TV
  • Startup
  • Earnings
  • Crypto Price
  • Submit Article
  • Contact Us
  • About Us

© 2021 Techbooky Business - Design by Techbookyelite.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$19,454.39-2.50%
  • ethereumEthereum(ETH)$1,060.39-5.36%
  • tetherTether(USDT)$1.000.27%
  • usd-coinUSD Coin(USDC)$1.000.10%
  • binancecoinBNB(BNB)$213.09-2.49%
  • Binance USDBinance USD(BUSD)$1.00-0.03%
  • rippleXRP(XRP)$0.319769-2.64%
  • cardanoCardano(ADA)$0.450285-3.00%
  • SolanaSolana(SOL)$31.87-8.22%
  • dogecoinDogecoin(DOGE)$0.0654121.17%
  • polkadotPolkadot(DOT)$6.82-4.52%
  • Shiba InuShiba Inu(SHIB)$0.0000103.12%
  • AvalancheAvalanche(AVAX)$16.56-7.55%
  • matic-networkPolygon(MATIC)$0.464831-9.60%
  • Terra Luna ClassicTerra Luna Classic(LUNC)$0.000071-5.36%
Posting....