LinkedIn has announced its financial results for the fourth quarter and full year ended December 31, 2012. The company reported the revenue for the fourth quarter was $303.6 million, an increase of 81% compared to $167.7 million in the fourth quarter of 2011. The net income for the fourth quarter was $11.5 million, compared to net income of $6.9 million for the fourth quarter of 2011.
Non-GAAP net income for the fourth quarter was $40.2 million, compared to $13.3 million for the fourth quarter of 2011. GAAP diluted EPS for the fourth quarter was $0.10; Non-GAAP diluted EPS for the fourth quarter was $0.35.
For the full year 2012, revenue increased 86% to $972.3 million from $522.2 million. GAAP diluted EPS increased to $0.19 from $0.11 and Non-GAAP diluted EPS increased to $0.89 from $0.35. Adjusted EBITDA increased to $223.0 million from $98.7 million.
For the first quarter 2013, the company expected revenue of between $305 million and $310 million, while for the full year 2013, the revenues is expected to range between $1.41 billion and $1.44 billion.
