"LinkedIn" announces its earnings for the first quarter of 2013

"LinkedIn" announces its earnings for the first quarter of 2013

Announced social networking business "LinkedIn" its financial results for the first quarter of the year 2013, revenues amounted to 324.7 million dollars, up by 72% compared to the same period last year.

"LinkedIn" that net profits for the first three months of this year nearly $ 22.6 million, compared with 5 million were earned during the same period last year, as adjusted EBITDA or earnings reached the so-called earnings before interest, taxes, depreciation and amortization of debt to 83.4 million and accounted for 26% of total revenues, having reached these profits during the first quarter of last year, $ 38.1 million accounted for 20% of the income of the period.

The company added that it remains focused on delivering products that make network "LinkedIn" daily source for professionals around the world.

The company disposed of its profits, according to solutions, with revenues from products by talent to 184.3 million with an increase of almost 80% compared to the first quarter of last year, with total revenue accounted for 57% of total income, while for products by marketing, revenue amounted to $ 74.8 million and 56% increase compared with the same period last year, the income constituted 23% of the company's revenues.

For excellent contributions "Premium Subscriptions, the company's revenues amounted to about 65.6 million rate increase to 73% compared to the first quarter of last year, these revenues constitute 20% of the company's revenues.

The "LinkedIn" for the business now comprises more than 225 million users around the world and a common rate per second, according to the latest company announcements, they also check out 170 million visitors a month.