LinkedIn Corporation, a professional networking website, has hit more than 150 million members.
The Mountain View, Calif., company also reported its financial results for the fourth quarter and fiscal year ending Dec. 31, 2011:
Revenue for the fourth quarter was $167.7 million, an increase of 105 percent compared to $81.7 million for the fourth quarter of 2010, according to a press release.
Net income for the fourth quarter was $6.9 million, compared to net income of $5.3 million for the fourth quarter of 2010; Non-GAAP net income for the fourth quarter was $13.3 million, compared to $5.2 million for the fourth quarter of 2010.
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"Q4 once again exceeded our expectations for member engagement and business growth. It was a fitting end to a memorable year in which we reinforced our position as the pre-eminent professional network on the web," said Jeff Weiner, CEO of LinkedIn. "We believe continued focus on our members and technology infrastructure positions us well for accelerated product innovation in 2012."
Weiner was previously a Yahoo! Inc. executive. The company was founded by Reid Hoffman and founding team members from PayPal and Socialnet.com (Allen Blue, Eric Ly, Jean-Luc Vaillant, Lee Hower, Konstantin Guericke, Stephen Beitzel, David Eves, Ian McNish, Yan Pujante, and Chris Saccheri).
In November 2011, LinkedIn reported having more than 135 million registered users in more than 200 countries and territories.
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Enjoy this "How To" tutorial on LinkedIn. Uploaded by InstruxionAE on Jun 22, 2009.
