The Traderszone Network

Published in TZ Latest News 29 October, 2015 by The TZ Newswire Staff

LinkedIn profit beats as hiring services, ads revenue jumps

Shares of the company, which also raised its full-year profit and revenue forecasts, jumped 12 percent in extended trading on Thursday. LinkedIn has been spending heavily on expansion by buying up companies, hiring sales personnel and increasing its presence in China and other markets outside the United States. Expanded offerings helped boost revenue from the company’s Talents Solutions business, which connects recruiters and job seekers, by 46 percent in the third quarter.