Today, we reported our financial results for the first quarter of 2013. We had a strong quarter with member engagement and financial results reaching record levels.

Here are the highlights:

• Revenue for the first quarter was $324.7 million, an increase of 72% compared to $188.5 million in the first quarter of 2012.

• Net income for the first quarter was $22.6 million, compared to net income of $5.0 million for the first quarter of 2012.  Non-GAAP net income for the first quarter was $52.4 million, compared to $16.9 million for the first quarter of 2012. Non-GAAP measures exclude tax-affected stock-based compensation expense and tax-affected amortization of acquired intangible assets.

• Adjusted EBITDA for the first quarter was $83.4 million, or 26% of revenue, compared to $38.1 million for the first quarter of 2012, or 20% of revenue.

• GAAP diluted EPS for the first quarter was $0.20; Non-GAAP diluted EPS for the first quarter was $0.45.

We remain focused on delivering great products that increasingly make LinkedIn the essential daily resource for global professionals.

• Talent Solutions: Revenue from Talent Solutions products totaled $184.3 million, an increase of 80% compared to the first quarter of 2012. Talent Solutions revenue represented 57% of total revenue in the first quarter of 2013, compared to 54% in the first quarter of 2012.

• Marketing Solutions: Revenue from Marketing Solutions products totaled $74.8 million, an increase of 56% compared to the first quarter of 2012. Marketing Solutions revenue represented 23% of total revenue in the first quarter 2013, compared to 25% in the first quarter of 2012.

• Premium Subscriptions: Revenue from Premium Subscriptions products totaled $65.6 million, an increase of 73% compared to the first quarter of 2012. Premium Subscriptions represented 20% of total revenue in the first quarter of 2013, consistent with the first quarter of 2012.

I highly encourage you to review associated materials, including our GAAP and non-GAAP reconciliation. [1]

I will co-host a webcast/conference call with our CEO Jeff Weiner to discuss our financial results for the first quarter of 2013 and business outlook today at 2:00PM Pacific Time.

See slides below.

[1] Safe Harbor Statement

This post contains non-GAAP financials measures relating to the company’s performance. You can find the reconciliation of those measures to the nearest comparable GAAP measures and additional details regarding the use of non-GAAP measures at http://investors.linkedin.com/.

This post also contains forward-looking statements about our products, including our investments in products, technology and other key strategic areas, certain non-financial metrics, such as member growth and engagement, and our expected financial metrics such as revenue, adjusted EBITDA, depreciation and amortization and stock-based compensation for the second quarter of 2013 and the full fiscal year 2013. The achievement of the matters covered by such forward-looking statements involves risks, uncertainties and assumptions.  If any of these risks or uncertainties materialize or if any of the assumptions prove incorrect, the company’s results could differ materially from the results expressed or implied by the forward-looking statements the company makes.

If any such risks or uncertainties materialize or if any of the assumptions prove incorrect, the company’s results could differ materially from the results expressed or implied by the forward-looking statements the company makes. Please also see our full disclaimer regarding this information.

Today, we reported our financial results for the fourth quarter and full year ended December 31, 2012.

Here are the highlights:

• Revenue for the fourth quarter was $303.6 million, an increase of 81% compared to $167.7 million in the fourth quarter of 2011.

• Net income for the fourth quarter was $11.5 million, compared to net income of $6.9 million for the fourth quarter of 2011. Non-GAAP net income for the fourth quarter was $40.2 million, compared to $13.3 million for the fourth quarter of 2011. Non-GAAP measures exclude tax-affected stock-based compensation expense and tax-affected amortization of acquired intangible assets.

• Adjusted EBITDA for the fourth quarter was $78.6 million, or 26% of revenue, compared to $34.4 million for the fourth quarter of 2011, or 21% of revenue.

• GAAP diluted EPS for the fourth quarter was $0.10; Non-GAAP diluted EPS for the fourth quarter was $0.35.

• For the full year 2012, revenue increased 86% to $972.3 million from $522.2 million. GAAP diluted EPS increased to $0.19 from $0.11 and Non-GAAP diluted EPS increased to $0.89 from $0.35. Adjusted EBITDA increased to $223.0 million from $98.7 million.

2012 was a transformative year for LinkedIn. We exited 2011 having successfully revamped our underlying development infrastructure. Based on that investment, we said that 2012 would be a year of accelerated product innovation, and it was. The products we delivered throughout the year drove member engagement and financial results to record levels in the fourth quarter.

• Talent Solutions: Revenue from Talent Solutions products totaled $161.0 million, an increase of 90% compared to the fourth quarter of 2011. Talent Solutions revenue represented 53% of total revenue in the fourth quarter of 2012, compared to 51% in the fourth quarter of 2011.

• Marketing Solutions: Revenue from Marketing Solutions products totaled $83.2 million, an increase of 68% compared to the fourth quarter of 2011. Marketing Solutions revenue represented 27% of total revenue in the fourth quarter of 2012, compared to 30% in the fourth quarter of 2011.

• Premium Subscriptions: Revenue from Premium Subscriptions products totaled $59.4 million, an increase of 79% compared to the fourth quarter of 2011. Premium Subscriptions represented 20% of total revenue in the fourth quarter of 2012 and 2011.

I highly encourage you to review associated materials, including our GAAP and non-GAAP reconciliation. [1]

I will co-host a webcast/conference call with our CEO Jeff Weiner to discuss our financial results for the fourth quarter of 2012 and business outlook today at 2:00PM Pacific Time.

See slides below.

[1] Safe Harbor Statement

This post contains non-GAAP financials measures relating to the company’s performance. You can find the reconciliation of those measures to the nearest comparable GAAP measures and additional details regarding the use of non-GAAP measures at http://investors.linkedin.com/.

This post also contains forward-looking statements about our products, including our investments in products, technology and other key strategic areas, certain non-financial metrics, such as member growth and engagement, and our expected financial metrics such as revenue, adjusted EBITDA, depreciation and amortization and stock-based compensation for the first quarter of 2013 and the full fiscal year 2013. The achievement of the matters covered by such forward-looking statements involves risks, uncertainties and assumptions.  If any of these risks or uncertainties materialize or if any of the assumptions prove incorrect, the company’s results could differ materially from the results expressed or implied by the forward-looking statements the company makes.

If any such risks or uncertainties materialize or if any of the assumptions prove incorrect, the company’s results could differ materially from the results expressed or implied by the forward-looking statements the company makes. Please also see our full disclaimer regarding this information as well.

Today, we reported our financial results for the third quarter ending September 30, 2012. We had a strong third quarter with all of our key operating and financial metrics showing solid growth.

Here are the highlights:

• Revenue for the third quarter was $252.0 million, an increase of 81% compared to $139.5 million in the third quarter of 2011.
• Net income for the third quarter was $2.3 million, compared to a net loss of $1.6 million for the third quarter of 2011. Non-GAAP net income for the third quarter was $25.1 million, compared to $6.6 million for the third quarter of 2011. Non-GAAP measures exclude tax-affected stock-based compensation expense and tax-affected amortization of acquired intangible assets.
• Adjusted EBITDA for the third quarter was $56.0 million, or 22% of revenue, compared to $24.7 million for the third quarter of 2011, or 18% of revenue.
• GAAP diluted EPS for the third quarter was $0.02; Non-GAAP diluted EPS for the third quarter was $0.22.

The last few months mark the most significant period of product development in the company’s history. This accelerated pace of innovation is fundamental to our goal of driving greater engagement on the LinkedIn platform.

• Talent Solutions: Revenue from Talent Solutions (previously named Hiring Solutions) products totaled $138.4 million, an increase of 95% compared to the third quarter of 2011. Talent Solutions revenue represented 55% of total revenue in the third quarter of 2012, compared to 51% in the third quarter of 2011.
• Marketing Solutions: Revenue from Marketing Solutions products totaled $64.0 million, an increase of 60% compared to the third quarter of 2011. Marketing Solutions revenue represented 25% of total revenue in the third quarter of 2012, compared to 29% in the third quarter of 2011.
• Premium Subscriptions: Revenue from Premium Subscriptions products totaled $49.6 million, an increase of 74% compared to the third quarter of 2011. Premium Subscriptions represented 20% of total revenue in the third quarter of 2012 and 2011.

I highly encourage you to review associated materials, including our GAAP and non-GAAP reconciliation. [1]

I will co-host a webcast / conference call with our CEO Jeff Weiner to discuss our financial results for the third quarter of 2012 and business outlook today at 2:00PM Pacific Time.

See slides below.

[1] Safe Harbor Statement

This post contains non-GAAP financials measures relating to the company’s performance. You can find the reconciliation of those measures to the nearest comparable GAAP measures and additional details regarding the use of non-GAAP measures at http://investors.linkedin.com/.

This post also contains forward-looking statements about our products, including our planned investments in key strategic areas, certain non-financial metrics, such as member growth and engagement, and our expected financial metrics such as revenue, adjusted EBITDA, depreciation and amortization and stock-based compensation for the fourth quarter of 2012 and the full fiscal year 2012. The achievement of the matters covered by such forward-looking statements involves risks, uncertainties and assumptions.  If any of these risks or uncertainties materialize or if any of the assumptions prove incorrect, the company’s results could differ materially from the results expressed or implied by the forward-looking statements the company makes.

If any such risks or uncertainties materialize or if any of the assumptions prove incorrect, the company’s results could differ materially from the results expressed or implied by the forward-looking statements the company makes. Please also see our full disclaimer regarding this information as well.

Today, we reported our financial results for the second quarter ending June 30, 2012. We had a strong second quarter with all of our key operating and financial metrics showing solid performance.

Here are the highlights:

• Revenue for the second quarter was $228.2 million, an increase of 89% compared to $121.0 million in the second quarter of 2011.
• Net income for the second quarter was $2.8 million, compared to net income of $4.5 million for the second quarter of 2011.  Non-GAAP net income for the second quarter was $18.1 million, compared to $10.8 million for the second quarter of 2011.  Non-GAAP measures exclude tax-affected stock-based compensation expense and tax-affected amortization of acquired intangible assets.
• Adjusted EBITDA for the second quarter was $50.4 million, or 22% of revenue, compared to $26.3 million for the second quarter of 2011, or 22% of revenue.
• GAAP EPS for the second quarter was $0.03; Non-GAAP EPS for the second quarter was $0.16.

Our ongoing investment in product innovation drove healthy engagement as measured by unique visiting members and member page views, and our three revenue streams all experienced significant growth.

• Hiring Solutions: Revenue from Hiring Solutions products totaled $121.6 million, an increase of 107% compared to the second quarter of 2011.  Hiring Solutions revenue represented 53% of total revenue in the second quarter of 2012, compared to 48% in the second quarter of 2011.
• Marketing Solutions: Revenue from Marketing Solutions products totaled $63.1 million, an increase of 64% compared to the second quarter of 2011.  Marketing Solutions revenue represented 28% of total revenue in the second quarter of 2012, compared to 32% in the second quarter of 2011.
• Premium Subscriptions: Revenue from Premium Subscriptions products totaled $43.5 million, an increase of 82% compared to the second quarter of 2011. Premium Subscriptions represented 19% of total revenue in the second quarter of 2012, compared to 20% of revenue in the second quarter of 2011.

I highly encourage you to review associated materials, including our GAAP and non-GAAP reconciliation. [1]

We’re also hosting a webcast / conference call to discuss our financial results for the second quarter of 2012 and business outlook today at 2:00PM Pacific Time.

I will co-host the webcast with CEO Jeff Weiner, which can be viewed on the investor relations section of the LinkedIn website as well.

See slides below.

[1] Safe Harbor Statement

This post contains non-GAAP financials measures relating to the company’s performance. You can find the reconciliation of those measures to the nearest comparable GAAP measures and additional details regarding the use of non-GAAP measures at http://investors.linkedin.com/.

This post also contains forward-looking statements about our products, including our planned investments in key strategic areas, certain non-financial metrics, such as member growth and engagement, and our expected financial metrics such as revenue, adjusted EBITDA, depreciation and amortization and stock-based compensation for the second quarter of 2012 and the full fiscal year 2012. The achievement of the matters covered by such forward-looking statements involves risks, uncertainties and assumptions.

If any of these risks or uncertainties materialize or if any of the assumptions prove incorrect, the company’s results could differ materially from the results expressed or implied by the forward-looking statements the company makes.

If any such risks or uncertainties materialize or if any of the assumptions prove incorrect, the company’s results could differ materially from the results expressed or implied by the forward-looking statements the company makes. Please also see our full disclaimer regarding this information as well.

Today, we report our financial results for a strong 2012 first quarter, an increase of 101% compared to the first quarter of 2011, and the 7th straight quarter of greater than 100% year-over-year growth.

Here are the key highlights:

• Revenue for the first quarter was $188.5 million, an increase of 101% compared to $93.9 million in the first quarter of 2011.

• Net income for the first quarter was $5.0 million, compared to net income of $2.1 million for the first quarter 2011.  Non-GAAP net income for the first quarter was $16.9 million, compared to $5.8 million for the first quarter of 2011.  Non-GAAP measures exclude tax-affected stock-based compensation expense and tax-affected amortization of acquired intangible assets.

• Adjusted EBITDA for the first quarter was $38.1 million, or 20% of revenue, compared to $13.3 million for the first quarter of 2011, or 14% of revenue.

• GAAP EPS for the first quarter was $0.04; Non-GAAP EPS for the first quarter was $0.15.

As our CEO, Jeff Weiner, said earlier today, LinkedIn’s solid performance in the first quarter was built on the company’s momentum in 2011. We also saw strength across all key metrics from member signups and engagement to significant revenue growth across our three product lines.

• Hiring Solutions: Revenue from Hiring Solutions products totaled $102.6 million, an increase of 121% compared to the first quarter of 2011.  Hiring Solutions revenue represented 54% of total revenue in the first quarter of 2012, compared to 49% in the first quarter of 2011.

• Marketing Solutions: Revenue from Marketing Solutions products totaled $48.0 million, an increase of 73% compared to the first quarter of 2011.  Marketing Solutions revenue represented 26% of total revenue in the first quarter of 2012, compared to 30% in the first quarter of 2011.

• Premium Subscriptions: Revenue from Premium Subscriptions products totaled $37.9 million, an increase of 91% compared to the first quarter of 2011. Premium Subscriptions represented 20% of total revenue in the first quarter of 2012, compared to 21% of revenue in the first quarter of 2011.

I highly encourage you to review associated materials, including our GAAP and non-GAAP reconciliation. [1]

We’re also hosting a webcast / conference call to discuss our financial results for the first quarter of 2012 and business outlook today at 2:00PM Pacific Time.

I will co-host the webcast with Jeff Weiner, which can be viewed on the investor relations section of the LinkedIn website as well.

See slides below.

[1]

Safe Harbor Statement

This post contains non-GAAP financials measures relating to the company’s performance. You can find the reconciliation of those measures to the nearest comparable GAAP measures and additional details regarding the use of non-GAAP measures at http://investors.linkedin.com/.

This post also contains forward-looking statements about our products, including our planned investments in key strategic areas, certain non-financial metrics, such as member growth and engagement, and our expected financial metrics such as revenue, adjusted EBITDA, depreciation and amortization and stock-based compensation for the second quarter of 2012 and the full fiscal year 2012. The achievement of the matters covered by such forward-looking statements involves risks, uncertainties and assumptions.  If any of these risks or uncertainties materialize or if any of the assumptions prove incorrect, the company’s results could differ materially from the results expressed or implied by the forward-looking statements the company makes.

If any such risks or uncertainties materialize or if any of the assumptions prove incorrect, the company’s results could differ materially from the results expressed or implied by the forward-looking statements the company makes. Please also see our full disclaimer regarding this information as well.