recommended reading

LinkedIn’s Annoying Emails Appear to Be Working

LinkedIn Corp. headquarters in Mountain View, Calif.

LinkedIn Corp. headquarters in Mountain View, Calif. // Paul Sakuma/AP File Photo


The numbers:  LinkedIn swung to a third quarter net loss of $3.4 million, from a profit of $2.3 million last year, as the corporate social network ramped up investment in its platforms. But revenue for the third quarter surged 56% to $393 million. Together with an upbeat forecast for the next quarter, this was enough to drive shares up by 1.7% in after hours trading.

The takeaway: Those pesky emails from LinkedIn asking you to upgrade from free to paid service may drive you mad, but they appear to be working. Revenue from premium subscriptions jumped 61% to $79.8 million. The talent solutions division, which is mainly specialist products for recruiters, still accounts for the bulk of the business, with revenue growing by 62% to $224.7 million. Marketing solutions—mainly advertising—was up 38% to $88.5 million.

What’s interesting: During the quarter, LinkedIn membership climbed through the 259 million mark, an increase of 38% on last year. The gap with Twitter, which has 218 million monthly active users, has widened. But the corporate social network is still way behind Google Plus, with 540 million active monthly users, and Facebook, with a whopping 1.2 billion.

Threatwatch Alert

Thousands of cyber attacks occur each day

See the latest threats


Close [ x ] More from Nextgov

Thank you for subscribing to newsletters from
We think these reports might interest you:

  • It’s Time for the Federal Government to Embrace Wireless and Mobility

    The United States has turned a corner on the adoption of mobile phones, tablets and other smart devices, outpacing traditional desktop and laptop sales by a wide margin. This issue brief discusses the state of wireless and mobility in federal government and outlines why now is the time to embrace these technologies in government.

  • Featured Content from RSA Conference: Dissed by NIST

    Learn more about the latest draft of the U.S. National Institute of Standards and Technology guidance document on authentication and lifecycle management.

  • A New Security Architecture for Federal Networks

    Federal government networks are under constant attack, and the number of those attacks is increasing. This issue brief discusses today's threats and a new model for the future.

  • Going Agile:Revolutionizing Federal Digital Services Delivery

    Here’s one indication that times have changed: Harriet Tubman is going to be the next face of the twenty dollar bill. Another sign of change? The way in which the federal government arrived at that decision.

  • Software-Defined Networking

    So many demands are being placed on federal information technology networks, which must handle vast amounts of data, accommodate voice and video, and cope with a multitude of highly connected devices while keeping government information secure from cyber threats. This issue brief discusses the state of SDN in the federal government and the path forward.

  • The New IP: Moving Government Agencies Toward the Network of The Future

    Federal IT managers are looking to modernize legacy network infrastructures that are taxed by growing demands from mobile devices, video, vast amounts of data, and more. This issue brief discusses the federal government network landscape, as well as market, financial force drivers for network modernization.


When you download a report, your information may be shared with the underwriters of that document.