LinkedIn investors are rejoicing after smashing fourth-quarter earnings, sending the professional network’s stock up about 10 percent in after-hours trading this afternoon.

The company beat Wall Street expectations by posting revenue of $303.6 million and earnings per share of $0.35. Wall Street had been expecting revenue of $280 million and earnings per share of $0.19. That’s an incredible deficit between expectation and reality, shooting the stock up quickly after the earnings were announced.

As of this writing, LinkedIn is trading at $135.87 per share, an increase of 9.5 percent over its closing price today.

Developing post. Refresh for updates.

LinkedIn pen via Flickr

Filed under: Business, Social, VentureBeat

Categorised as: Chief Digital Officer | Digital Media | Feedster

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