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.

Recent Posts

How AI is Changing Business: Hybrid AI is Coming

Lenovo and NVIDIA are pushing AI into its next phase, scaling real-time, production-ready systems that…

4 days ago

AI & the workplace: AI is changing the way we feel about our jobs

AI is changing how work gets done. It’s also changing how people feel about their…

4 days ago

Funding alert: Tech startups that raked in moolah this month

The Tech Panda takes a look at recent funding events in the tech ecosystem, seeking…

5 days ago

Kryterion and Automattic are changing what it means to be a professional WordPress developer

A question that has quietly frustrated WordPress developers and the businesses that hire them for…

5 days ago

Skilling & Upskilling the Workforce: EntertainmentTech, Fintech, Software Engineering, Sustainability & CSR

The Tech Panda takes a look at the efforts at skilling, upskilling, and reskilling in…

5 days ago

Cybersecurity in the Age of AI: Why India Must Build Talent, Not Just Tools

India’s digital transformation is accelerating at an unprecedented pace. From digital payments and e-governance platforms…

5 days ago