LinkedIn to buy SlideShare as profit more than doubles
May 03, 2012
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Revenue doubled to $188.5 million from $93.9 million, topping the $179 million analysts were looking for.
LinkedIn's revenue comes from fees it charges companies, recruiting services and other people who want broader access to the profiles and other data on the company's website. The rest comes from advertising. During the quarter, revenue grew across the company's divisions.
The Mountain View, Calif., company is buying San Francisco-based SlideShare with cash and stock and expects the deal to close by June.
"Presentations are one of the main ways in which professionals capture
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