Talent Solutions revenue (inclusive of Learning & Development) increased 45% year-over-year in the fourth quarter to $535 million and increased 41% year-over-year to $1,877 million in 2015.
- Hiring revenue contributed $487 million and $1,770 million in the fourth quarter and 2015, respectively, which represents increases of 32% and 33% compared to the same periods last year. These increases were driven by strength in new account performance within field sales and continued strength in online subscriptions.
- Learning & Development revenue contributed $49 million and $107 million in the fourth quarter and 2015, respectively.
Marketing Solutions revenue increased 20% year-over-year in the fourth quarter to $183 million and increased 28% to $581 million in 2015.
- Sponsored Updates performance was the primary driver of growth, surpassing 50% of total Marketing Solutions revenue for the first time, while premium display faced secular-driven headwinds similar to prior quarters.
- Sales Navigator remained the faster growing component of Premium Subscriptions with continued improvement in customer satisfaction and product usage.
Adjusted EBITDA was $249 million in the fourth quarter, or 29% of revenue. Adjusted EBITDA was $780 million in 2015, or 26% of revenue. GAAP net loss attributable to common stockholders was $8 million in the fourth quarter and $166 million in 2015. Non-GAAP net income was $126 million in the fourth quarter and $373 million in 2015. GAAP diluted EPS was $(0.06) in the fourth quarter compared to $0.02 in the same period last year. GAAP
For the full year 2015 LinkedIn revenues were US$2.990bn up 34%. In 2014 LinkedIn acquired BIZO which turned out to be a flop. LinkedIn announced the shelving of Lead Accelerator, an ad targeting product built off of the Bizo acquisition. 2016 reduced guidance reflects ~$50M in anticipated unrealized revenue from Lead Accelerator. LinkedIn also announced the phase-out of Network Display, a standalone display advertising offer.
Source: LinkedIn Investors Relations