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LinkedIn soars on earnings beat

JILLIAN D'ONFROApr 29, 2016, 01:38 IST

Justin Sullivan/Getty

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

The stock soared more than 15% after-hours.

Here are the most important numbers:

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Adjusted EPS: $0.74 ($0.60 expected)

Revenue: $860.7 million ($828 million expected)

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."

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