Wednesday, May 4, 2011

LinkedIn Sales Jump 110 Percent During Quarter

A financial update from IPO hopeful LinkedIn: The social network says that its sales more than doubled to $93.9 million during its most recent quarter, up from $44.7 million during the same period in 2010. Net income during the period was $2.078 million, up from $1.815 million. Most of the growth was driven by sales of its hiring solutions, which allow companies to identify job candidates based on their profiles on the site and advertise openings to them.

Garcelle Beauvais Kristy Swanson Ali Campoverdi Giuliana DePandi Pamela Anderson

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