LinkedIn Reports Q3 Results: Subscription Revenue Grew 17 Percent

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Last Thursday LinkedIn Corporation (NYSE: LNKD) announced its third quarter financials for 2016. For the quarter ended September 30, 2016, total revenue was $960 million, representing a 23 percent increase year-over-year. Premium subscription revenue was $162 million, a 17 percent increase year-over-year. CEO Jeff Weiner said product investments across the platform drove another quarter of strong user engagement and financial performance, just in time for Microsoft’s takeover at year-end.

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