LinkedIn Revenues Jump 59%

 By 
Todd Wasserman
 on 
LinkedIn Revenues Jump 59%

LinkedIn reported another good quarter on Thursday as the company's revenues jumped 59% to $363.7 million and earnings came in at $0.38 per share, beating the consensus estimate of $0.31.

"Accelerated member growth and strong engagement drove record operating and financial results in the second quarter," said Jeff Weiner, CEO of LinkedIn, in a release from the company. "We are continuing to invest in driving scale across the LinkedIn platform in order to fully realize our long-term potential."

Membership for LinkedIn also hit 238 million.

LinkedIn's stock, which had been up more than 4% before the announcement on Thursday, rose another 4% in afterhours trading.

[img src="http://media.ycharts.com/charts/789ce466a4b8e48b37c5d69841bbee34.png" caption="" credit="" alt="LNKD Chart"]LNKD data by YCharts

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