NEW YORK (TheStreet) -- LinkedIn (LNKD) shares are skyrocketing 10.28% to $250.50 in after-hours trading on Thursday, after the company reported its fiscal 2015 second quarter earnings results that beat analysts' estimates on the top and bottom line.
For the latest quarter, the professional network reported earnings of 55 cents per share, topping analysts' estimate of 30 cents per share.
Revenue came in at $712 million, compared to analysts' estimates of $679.8 million.
In the same period the previous year, the company earned 51 cents per share on revenue of $533.88 million.
Overall, revenue for Talent Solutions, Marketing Solutions, and Premium Subscriptions all increased by 38%, 32%, and 22%, respectively.
"We continued to invest in our long-term strategic roadmap and began integrating the acquisition of Lynda.com that closed during the quarter," CEO Jeff Weiner stated.
As the company improved its desktop and mobile product experience, its search traffic grew, and its year-over-year feed engagement soared by 60%.
Looking forward, its revenue for fiscal third quarter of 2015 is expected to range between $745 to $750 million. Revenue for the full year is projected to be about $2.94 billion, the company noted.
Separately, TheStreet Ratings team rates LINKEDIN CORP as a Hold with a ratings score of C-. TheStreet Ratings Team has this to say about their recommendation:
You can view the full analysis from the report here: LNKD Ratings Report