LinkedIn Corp (NYSE:LNKD) released the earnings results from its most recently completed quarter after closing bell tonight, posting non-GAAP earnings of 52 cents per share on revenue of $568 million, a 45% increase year over year. Analysts had been hoping for earnings of 47 cents per share on $557.5 million in revenue.

LinkedIn Corp Beats Earnings Estimates

In the same quarter last year, social network reported earnings of 39 cents per share on $393 million in revenue.

Key metrics from LinkedIn’s earnings report

LinkedIn reported a net loss of $4.3 million, compared to last year’s net loss of $3.4 million. Non-GAAP net income was $66 million, compared to $47 million last year. Adjusted EBITDA was $151 million or 27% of revenue, compared to 24% of revenue and $93 million in last year’s third quarter.

GAAP losses per share were 3 cents, compared to losses of 3 cents per share last year.

“LinkedIn made significant progress against several long-term strategic investments we began this year,” said LinkedIn CEO Jeff Weiner in a statement. “During the third quarter, we took meaningful steps in increasing the scale and relevance of job listings, growing the professional publishing platform, and expanding our member network in new geographies and demographics.”

LinkedIn’s earnings by segment

Talen Solutions revenue rose 45% year over year to $345 million and made up 61% of the social network’s total revenue. Marketing Solutions revenue also climbed 45%, totaling $109 million for the quarter and making up 19% of LinkedIn’s total revenue. Premium Subscription revenue rose 43% year over year to $114 million.

U.S. revenue made up 60% of the company’s total revenue and amounted to $343 million. Field sales channel revenue was $342 million and made up 60% of total revenue. Revenue from the online and direct sales channel was $227 million in the quarter.

LinkedIn provides guidance

For the fourth quarter, LinkedIn projects revenue of between $600 million and $605 million. Adjusted EBITDA is expected to be between $153 million and $155 million, while non-GAAP earnings per share are expect to be around 49 cents.

For the full year, LinkedIn expects revenue of between $2.175 billion and $2.18 billion. Adjusted EBITDA is expected to be between $566 million and $568 million, while non-GAAP earnings are expected to be about $1.89 per share for the full year.