LinkedIn total revenue increased 35 percentStaff writer ▼ | April 28, 2016
LinkedIn Corporation reported results for the first quarter of 2016. Total revenue increased 35% year-over-year to $861 million.
LinkedIn Talent Solutions revenue increased 41%
Premium Subscriptions revenue increased 22% year-over-year to $149 million. Adjusted EBITDA was $222 million, or 26% of revenue.
GAAP net loss attributable to common stockholders was $46 million and non-GAAP net income was $99 million.
GAAP diluted EPS was $(0.35), compared to last year's performance of $(0.34). Non-GAAP diluted EPS was $0.74, compared to $0.57 last year.
"We are off to a good start in 2016 with strength in our core and emerging businesses," said Steve Sordello, CFO of LinkedIn.
"We continue to invest heavily in innovation and in our core products, while at the same time driving focus and scale to enable growth and leverage across the business." ■