LinkedIn outshines analysts’ estimates

It hasn’t been a great week for social media companies, but professional networking service LinkedIn Corp. seems to be bucking the trend.

LinkedIn’s adjusted earnings of 55 cents per share were well above the 30 cents that analysts polled by FactSet had expected for the April-June quarter. Revenue grew 33 percent to $712 million, also above analysts’ expectations of $680 million.

Its stock increased after the results came out.

Net loss was $67.7 million, or 53 cents per share, which is wider than last year’s loss of $1 million, or 1 cent per share.