It was a good day for LinkedIn's investors Thursday. The company beat analysts' expectations again in its fourth-quarter earnings report, reporting $303.6 million in revenue with net income coming in at $11.5 million. That is nearly double the $6.9 million net income it reported in the last quarter of 2011.
LinkedIn's shares rose on Thursday in anticipation of the announcement--after all, as Wired.com pointed out, each quarterly earnings report since the company went public in May has beat analysts' expectations. LinkedIn's revenues and membership are still a fraction of Facebook's (LinkedIn reported having 200 million members), but with its impressive growth, it's showing it will continue to have a place in the market.
Earlier this year, Fast Company spoke to LinkedIn's "Hacker-In-Residence." Wondering what that means? Click here.
Do you use LinkedIn less or more than Facebook? Are you surprised by the earnings report? Tell us in the comments.[Photo by Flickr user smi23le]