LinkedIn’s Revenue Hits $534 Million

Ad sales spike 44 percent year-over-year

LinkedIn’s revenue for the second quarter hit $534 million, up 47 percent year-over-year from $364 million in 2013. Sixty percent of that revenue—$318 million—came from the United States.

Marketing contributed to $106 million—or about 20 percent—of revenue during the third quarter. While that number may seem small to Twitter’s $277 million or Facebook’s $2.68 billion, the professional social site has been gaining traction over the past year with native ads that run in desktop and mobile newsfeeds.

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