LinkedIn gains 175 million members

LinkedIn gains 175 million members

PanARMENIAN.Net - LinkedIn now has 175 million members, the company announced on Thursday, August 2, according to Mashable.

In May, the professional social networking service had claimed 161 million members, up from 150 million in February.

The company announced the figure in its second-quarter earnings release on Thursday, in which it also reported earnings of $0.03 per share on revenues of $228 million. Analysts were expecting earnings of $.01 per share and revenues of $216 million. The company’s stock price was up more than 4% in after-hours trading.

LinkedIn’s stock price has jumped 48.5% since the beginning of the year.

 Top stories
Apple looks set to launch its first official retail presence in the Middle East with a new store in Dubai's Mall of the Emirates.
Samsung Electronics saw a 20% year-on-year drop in its last quarter's profit. It blamed "slow global sales of smartphones".
Google is working with a host of Asian telecoms giants - China Mobile, China Telecom, Global Transit, KDDI, and SingTel.
Already on sale in the U.S., Canada and Japan, the devices is now set for release in other markets from August 28 .
Partner news