LinkedIn soars on earnings beat

Advertisement

jeff weiner

Justin Sullivan/Getty

LinkedIn just reported its Q1 earnings, beating Wall Street expectations on both the top and bottom line.

Advertisement

The stock soared more than 15% after-hours.

Here are the most important numbers:

Complimentary Tech Event
Transform talent with learning that works
Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More

Adjusted EPS: $0.74 ($0.60 expected)

Revenue: $860.7 million ($828 million expected)

Advertisement

That revenue is up 35% year-over-year.

"LinkedIn delivered strong financial results and growth across our core product lines," Jeff Weiner, CEO of LinkedIn, wrote in the company's earnings release. "As a result of our new mobile experience, members are increasing their activity on LinkedIn, helping drive strong levels of engagement across the platform."

NOW WATCH: Clever ways to reuse your old iPod