Rebounding from a recent slump, LinkedIn on Thursday said second-quarter revenue was up 33%, year-over-year, to $712 million.
During the same period, revenue from the company’s Talent
Solutions unit -- including its Learning & Development division -- was up 38% to $443 million.
LinkedIn -- which now boasts about 380 million members -- is still stabilizing from its
decision to buy online learning site lynda.com for a whopping $1.5 billion.
“We began integrating the acquisition of lynda.com that closed during the [second] quarter,” LinkedIn CEO Jeff Weiner, said in the earnings report.
During the period, Marketing Solutions revenue was
up 32% to $140 million, while revenue from Premium Subscriptions was up 22% to $128 million.
The social network for professionals credited recent improvements to its flagship desktop and
mobile product experience with a 60% increase in year-over-year feed engagement.
In the second quarter, LinkedIn also surpassed 1 million unique long-from member publishers, and -- with an
eye on personalization -- launched a redesigned Pulse app for iOS and Android.
Among other assets, Lynda.com gave LinkedIn 6,800 learning courses through 280,000 videos across five
languages.
Looking ahead on Thursday, LinkedIn said it expected third-quarter revenue to reach between $745 million and $750 million.
For the full year, the company said it is
expecting revenue of approximately $2.94 billion.