LinkedIn has rolled out a number of new features and enhancements to its Web site in recent months as it tries to entice its members to spend more time on its site. "Member page views grew 44%, well in excess of unique visitor growth, indicating that members are becoming increasingly active on LinkedIn," said Weiner. The company raised its full-year revenue forecast yesterday, projecting total revenue to range between $939 million and $944 million, compared with its prior range of $915 million to $925 million.ĬEO Jeff Weiner said during a conference call yesterday that the online service now had 187 million members and that members are spending more time on the Web site. The company makes money from selling ads and premium subscriptions, as well as from offering specialised services to recruiters, setting it apart from its ad-dependent social networking rivals such as Facebook and Twitter. ![]() LinkedIn connects professionals seeking jobs and companies looking for employees. "They continue to penetrate enterprises with their talent solutions business and continue to have plenty of upside opportunity there," he said. "They seem to be firing on all cylinders," said Macquarie Research analyst Tom White. ![]() Shares of LinkedIn gained nearly 8% to $115.15 in after-hours trading yesterday, as the company extended its streak of beating analyst expectations every quarter since its May 2011 initial public offering. Professional social network LinkedIn topped Wall Street's third-quarter profit and revenue targets, as advertising rates increased and sales from its hiring services nearly doubled.
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