LinkedIn Q2 Revs Hit $712M

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 for a whopping $1.5 billion.

“We began integrating the acquisition of 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, 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.

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