LinkedIn reported revenue and profit beyond analysts' expectations inlast quarter 2011. The social network dedicated to professionals collected between October and December earnings of $6,9 million, or 12 cents a share, on a turnover of 167 million dollars.
Both results were higher than expected: Analysts were expecting 7 cents a share of earnings on $160 million in business. For the current quarter, the company expects revenues of between $170 million and $175 million. After the Stock Exchange, the stock rose of 5%.