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LinkedIN 4Q13 Revenue Tops $447 Million

Feb 10, 2014

LinkedIn reported its fourth quarter and full year fiscal 2013 results late Thursday, as the online service topped 277 million members. For the quarter, revenue came in at $447.2 million, a 47 percent year-over-year increase. Net Income for the fourth quarter was $3.8 million, a decline from the $11.8 reported in the fourth quarter of 2012.

Looking forward, LinkedIn said first quarter revenues will range between $455 million and $460 million, representing 40 to 42 percent year-over-year growth. For the full fiscal 2014 year, LinkedIn is expecting revenue in the range of $2.02 billion to $2.05 billion, representing 32 to percent growth.

LinkedIn CEO Jeff Weiner said during his company’s earnings call that membership numbers for the site grew by 37 percent year-over-year.

Read the full story at Datamation:
LinkedIn Building New Data Centers as Revenues Grow

Sean Michael Kerner is a senior editor at InternetNews.com. Follow him on Twitter @TechJournalist.

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