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Professional network operator LinkedIn´s revenue rises 35 pct

By REUTERS
April 29, 2016

LinkedIn Corp, the operator of the world´s biggest online network for professionals, reported a 35 percent rise in quarterly revenue as demand grew for its hiring services.

However, the net loss attributable to LinkedIn widened to $45.8 million, or 35 cents per share, in the first quarter ended March 31 from $42.5 million, or 34 cents per share, a year earlier.

Revenue rose to $860.7 million from $637.7 million.