The company also announced an increased user base which jumped to 161 million users from 150 million in the previous quarter.ย
Showing its potential for growth LinkedIn also added 33 employees in the quarter with expectations for more expansion throughout 2012.
The increasing profits could signal good news for Facebook as it prepares for its IPO, however it should be noted that LinkedIn saw profits increase after the company focused not just on traditional display advertising but also on the practice of selling more services, such as job postings and upgraded LinkedIn accounts.
In further news that LinkedIn is healthy and growing the company also announced plans to buy online presentation builder Slideshare.
Neuroscientist reveals a new way to manifest more financial abundance
Breakthrough Columbia study confirms the brain region is 250 million years old, the size of a walnut and accessible inside your brain right now.
