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LinkedIn’s Talent Solutions a Key Driver for Fourth Quarter Earnings

July 31, 2023
in Trade Tube
Reading Time: 1 min read
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If user engagement is a problem for some media platforms, it’s certainly not the case for LinkedIn. The professional networking site just turned in its latest quarterly report card and that makes it our chart of the day. LinkedIn reported its Q4 earnings Thursday afternoon, with EPS of $0.61, which beat expectations of $0.53. Total revenue in 2014 was up 45% year-over-year .A key driver for the last quarter was LinkedIn’s “talent solutions” products, which help recruiters find the right candidates. And here’s an interesting fact. 70% of LinkedIn’s more than 300 million members are from outside the United States, with 8 million from China. Marketing Solutions also saw growing revenue of 56% year over year as professionals began using the platform to publish their ideas. The site now hosts more than 1 million long-form posts. And the site’s mobile initiatives are of interest as well. LinkedIn stock is trading just off its 52 week high at about $237 a share.

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