LinkedIn income 2011
By Asha

LinkedIn, which now has 150 million members, today reported its financial results for the fourth quarter and fiscal year ended December 31, 2011:

- Revenue for the fourth quarter was $167.7 million, an increase of 105% compared to $81.7 million for the fourth quarter of 2010
- Net income for the fourth quarter was $6.9 million, compared to net income of $5.3 million for the fourth quarter of 2010; Non-GAAP net income for the fourth quarter was $13.3 million, compared to $5.2 million for the fourth quarter of 2010. Non-GAAP measures exclude tax-affected stock-based compensation expense and tax-affected amortization of acquired intangible assets
- For the full year 2011, revenue increased 115% to $522.2 million from $243.1 million.  GAAP EPS increased to $0.11 from $0.07 and Non-GAAP EPS increased to $0.35 from $0.24.  Adjusted EBITDA increased to $98.7 million from $48.0 million

“Q4 once again exceeded our expectations for member engagement and business growth.  It was a fitting end to a memorable year in which we reinforced our position as the pre-eminent professional network on the web,” said Jeff Weiner, CEO of LinkedIn. “We believe continued focus on our members and technology infrastructure positions us well for accelerated product innovation in 2012.”