By FDI Creative Services on 04/28/2016
Category: Security News

Professional network operator LinkedIn's revenue rises 35 percent

The logo for LinkedIn Corporation, a social networking networking website for people in professional occupations, is shown in Mountain View, California February 6, 2013.

Reuters/Robert Galbraith/File Photo

LinkedIn Corp (LNKD.N), the operator of the world's biggest online network for professionals, reported a 35 percent rise in quarterly revenue as demand grew for its hiring services.

However, the net loss attributable to LinkedIn widened to $45.8 million, or 35 cents per share, in the first quarter ended March 31 from $42.5 million, or 34 cents per share, a year earlier.


Revenue rose to $860.7 million from $637.7 million.



(Reporting by Kshitiz Goliya in Bengaluru; Editing by Kirti Pandey)

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