LinkedIn Business Highlights from Microsoft’s FY23 Q1 Earnings
Today, Microsoft announced Q1 FY23 Earnings. Included in the report on the financial performance were the following LinkedIn highlights:
In Q1, LinkedIn’s revenue increased 17% year-over-year (21% in constant currency). We also once again saw record engagement among our more than 875 million members, with international growth increasing at nearly 2x the pace as in the United States.
There are now more than 150 million subscriptions to newsletters on LinkedIn, up 4x year over year.
New integrations between Viva and LinkedIn Learning help companies invest in their existing employees by providing access to courses directly in the flow of work.
Members added 365 million skills to their profiles over the last 12 months, up 43% year-over-year. And with our acquisition of EduBrite, they will also soon be able to earn professional certificates from trusted partners directly on the platform.
We launched the next generation of Sales Navigator this quarter, helping sellers increase win rates and deal size by better understanding and evaluating customer interest.
Finally, LinkedIn Marketing Solutions continues to provide leading innovation and ROI in B2B digital advertising.
You can see LinkedIn’s quarterly product highlights, releases and enhancements in the Q1 FY23 product list here. For more information, see the Q1 FY23 earnings release here.