LinkedIn's recently released Q3 2013 financial report shows: LinkedIn’s total revenue last quarter was $393 million, representing a year-on-year increase of 56%; net profit for the third quarter was a loss of $3.4 million, compared to $2.3 million in the same period last year. LinkedIn’s total user count has now reached 259 million.
EBITDA profits were $92.8 million, accounting for 24% of total revenue, compared to $56 million during the same period last year. GAAP diluted earnings per share were $0.39, with an average loss per share of $0.031.
Revenue and operational performance for other segments:
Talent Solutions: Revenue from talent solutions last quarter was $224.7 million, up 62% year-on-year, accounting for 57% of total revenue (compared to 55% during the same period last year).
Marketing Solutions: Revenue from marketing solutions last quarter was $88.5 million, up 38% year-on-year, accounting for 23% of total revenue (compared to 25% during the same period last year).
Premium Subscriptions: Revenue from premium subscriptions last quarter was $79.8 million, up 61% year-on-year, accounting for 20% of total revenue (unchanged from the same period last year).
LinkedIn CEO Jeff Weiner attributed the financial growth last quarter to the continuous addition of new users. He also stated that in the future, LinkedIn will continue to invest in mobile and campus products while maintaining focus on its professional content publishing platform.
Finally, here are some of LinkedIn's achievements in the third quarter:
User count reached 259 million, up 38% year-on-year, with both desktop and mobile user counts reaching new highs.
Launched University Pages in August, entering the education market. The initial launch attracted over 200 universities, including New York University and the University of Michigan, and now includes more than 1500 universities across 60 countries.
Launched "Sponsored Updates" mobile ads, allowing brands to post ad updates directly into LinkedIn Feed streams.
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