LinkedIn is behaving like an extremely productive worker who always seems to get the job done while still yearning to be more like flashier peers. The professional networking service delivered another outstanding performance in the third quarter, lifting its stock by almost 12 per cent in extended trading after the numbers were released Thursday.
LinkedIn has been a Wall Street star since its stock debuted in May 2011, its service establishing itself as a digital rolodex for ambitious workers and talent-hungry employers.
LinkedIn's revenue for the latest quarter rose 37 per cent from last year to $780 million. That topped the estimate of $757 million among analysts surveyed by Zacks Investment Research, according to AP.
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