LinkedIn has beaten analysts' predictions for its Q3 results, YoY total revenue increased 37% to 78 cents, while earnings reached $780m per share. During Q3, LinkedIn's membership base grew 20% to 396 million. Mobile growth on the platform now represents 55% of all traffic to LinkedIn. EMarketer predicts that LinkedIn will increase its share of the $58.12bn US ad market from 0.9% last year to 1% this year and LinkedIn expects its revenue for Q4 to range between $845m and $850m.
LinkedIn has beaten analysts' predictions for its Q3 results, YoY total revenue increased 37% to $780m, while earnings reached 78 cents per share. During Q3, LinkedIn's membership base grew 20% to 396 million. Mobile growth on the platform now represents 55% of all traffic to LinkedIn. EMarketer predicts that LinkedIn will increase its share of the $58.12bn US ad market from 0.9% last year to 1% this year and LinkedIn expects its revenue for Q4 to range between $845m and $850m.