LinkedIn Business Highlights from Microsoft’s FY23 Q2 Earnings
Today, Microsoft announced Q2 FY23 Earnings. Included in the report on the financial performance were the following LinkedIn highlights:
People and companies continue to look to LinkedIn to connect, learn, sell, and get hired. In Q2, LinkedIn’s revenue increased 10% year-over-year (14% in constant currency).
We once again saw record engagement among our more than 900 million members. Three members are signing up every second. Over 80% of these members are from outside the US.
And as members come to the platform to find and share professional knowledge and expertise, newsletter creation was up 10X year-over-year.
Skills are the new currency, and people are increasingly investing in their skill-building to keep up with their changing roles and industries. We offer more than 20,000 courses in 11 languages.
And companies are also turning to a skills-based approach, in place of degree or pedigree, to identify qualified talent, with more than 45% of hirers on LinkedIn explicitly using skills data to fill their roles.
Finally, LinkedIn Marketing Solutions continues to be a leader in B2B digital advertising, helping companies deliver the right message, to the right audience, on a safe and trusted platform.