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LinkedIn Surges as Q3 Results Top Expectations

A solid beat for the professional social network.

by CNBC
eurobanks / iStock / Re/code

LinkedIn posted quarterly results that topped expectations Thursday, sending its shares soaring in extended trading.

The professional social network reported third-quarter earnings of 78 cents per share on $780 million in revenue. Sales rose 37 percent from the previous year. Analysts expected the company to post earnings of 46 cents per share on $756 million in revenue, according to a consensus estimate from Thomson Reuters.

Read the rest of this post on the original site »

This article originally appeared on Recode.net.

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