LinkedIn revenue rises 34.8 percent on hiring business

Reuters News
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Posted: Apr 30, 2015 4:16 PM

(Reuters) - Corporate networking site LinkedIn Corp reported a 34.8 percent rise in quarterly revenue, driven by strength in its hiring business.

The company's net loss attributable to shareholders widened to $42.5 million, or 34 cents per share, in the first quarter ended March 31 from $13.4 million, or 11 cents per share, a year earlier.

Revenue rose to $637.7 million from $473.2 million.

(Reporting by Kshitiz Goliya in Bengaluru; Editing by Sriraj Kalluvila)