Summary Box: LinkedIn impresses with 4Q results

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The Associated Press 8:11 PM Thursday, February 9, 2012

NETWORKING PAYS OFF: LinkedIn Corp. earned $6.9 million in the fourth quarter as its online professional networking service added 14 million members. Revenue more than doubled from a year earlier to nearly $168 million. The results were better than management and analysts had forecast.

THE CATALYST: LinkedIn is playing an increasingly influential role in the employment market as its website emerges as a digital rolodex for headhunters and job seekers alike. At the end of 2011, LinkedIn featured about 145 million profiles.

INVESTORS CHEER: The company's stock surged almost 9 percent in after-hours trading Thursday after the results came out.

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February 10, 2012 01:07 AM EST

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