LinkedIn profit beats as recruitment services revenue jumps
(Reuters) – LinkedIn Corp reported higher-than-expected quarterly revenue and profit as it earned more from its recruitment services business and benefited from the acquisition of training video company lynda.com. Shares of LinkedIn, the operator of the biggest social networking site for professionals, rose about 10 percent in extended trading on Thursday. Revenue in the company's Talents Solutions business, which connects recruiters with job candidates, rose 46 percent to $502 million in the third quarter.
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