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LinkedIn Corp., the operator of the biggest social networking site for professionals, reported a better-than-expected 33 percent rise in revenue, driven by strong growth in its business serving recruiters.
Revenue jumped up to $711.7 million during the quarter. The company earned 55 cents per share, above analysts' expectations of 30 cents per share and revenue of $679.8 million.
The company's shares rose 10 percent yesterday in extended trading.
Read more from Reuters.
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