(7 August 2012 5:07 pm)

MUMBAI: LinkedIn Corporation's net profit dipped 37.7 per cent in the second quarter of 2012 to $2.8 million from $4.5 million a year earlier.

Its revenue for the April-June quarter was $228.2 million, an increase of 89 per cent compared to $121 million in the second quarter of 2011.

LinkedIn's adjusted EBITDA for the second quarter was $50.4 million, 22 per cent of revenue. It was $26.3 million a year earlier.

The company's revenue from the US totaled $147.3 million, and represented 65 per cent of total revenue while revenue from international markets totaled $81 million, and represented 35 per cent of total revenue in the second quarter of 2012.

Revenue from the field sales channel totaled $129.4 million, and represented 57 per cent of total revenue in the second quarter of 2012. Revenue from the online, direct sales channel totaled $98.8 million, and represented 43 per cent of total revenue in the second quarter of 2012.

"LinkedIn had a strong second quarter with all of our key operating and financial metrics showing solid performance," said Jeff Weiner, CEO of LinkedIn. "Our ongoing investment in product innovation drove healthy engagement as measured by unique visiting members and member page views, and our three revenue streams all experienced significant growth."