Categories: Tech & Society

LinkedIn Tops Q4 Expectations, Revenue of $303.6M, Over 200 Million Users

Today LinkedIn reported its fourth quarter financial performance, including revenue of $303.6 million, and earnings per share of $0.35, on a non-GAAP basis. This crushes the Q4 expectations laid out by analysts who expected revenue of $280 million, and earnings per share of $0.19.

LinkedIn’s quarterly revenue is up 81 percent on a year-on-year basis. The number of users crossed 200 million this quarter which is a 39 percent rise from what it was last year.

On a non-GAAP basis, LinkedIn’s net income soared from $13.3 million to $40.2 million, comparing fourth quarters of 2011 and 2012. On a GAAP basis, the numbers from the respective years are a more sober $6.9 million and $11.5 million.

Almost two-thirds of LinkedIn’s user base is international and hence international revenue is key for LinkedIn. But still it get only about one-third of its revenue from international markets meaning they still have to work on monetizing those markets.

For the full calendar year of 2012, LinkedIn had $972.3 million in revenue, and non-GAAP earnings per share of $0.89.

 

Prateek Panda

Prateek is the Founder of TheTechPanda. He's passionate about technology startups and entrepreneurship and enjoys speaking to new founders every day. Prateek has also been consistently regarded as one of the top marketing experts in the region.

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