LinkedIn Corporation

30/07/2024 | Press release | Distributed by Public on 31/07/2024 05:20

LinkedIn Business Highlights from Microsoft’s Q4 FY24...

Today, Microsoft announced Q4 FY24 Earnings. Included in the report on the financial performance were the following LinkedIn highlights:

  • In Q4, LinkedIn's revenue increased 10% year-over-year (9% in constant currency).

  • LinkedIn continues to see accelerated member growth and record engagement. 1.5 million pieces of content are shared every minute on the platform, and video is now the fastest growing format on LinkedIn, with uploads up 34% year-over-year.

  • LinkedIn Marketing Solutions continues to be a leader in B2B digital advertising, helping companies deliver the right message, to the right audience, on a safe, trusted platform.

  • And when it comes to our subscription businesses, Premium sign ups increased 51% this fiscal year, and we are adding even more value for our members and customers with new AI tools.

  • Our reimagined AI-powered LinkedIn Premium experience is now available for every Premium subscriber worldwide, helping them more easily and intuitively connect to opportunity, learn, and get career coaching.

  • Finally, hiring took share for the second consecutive year.

You can see LinkedIn's quarterly product highlights, releases and enhancements in the Q4 FY24 product list here. For more information, see the Q4 FY24 earnings release here.