LinkedIn Business Highlights from Microsoft's Q1 FY25...

LinkedIn Business Highlights from Microsoft's Q1 FY25 Earnings Published on Oct 30, 2024 Categories: Company News

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Today, Microsoft announced Q1 FY25 Earnings. Included in the report on the financial performance were the following LinkedIn highlights:

In Q1, LinkedIn's revenue increased 10% year-over-year (9% in constant currency).

Member growth continues to accelerate, with markets like India and Brazil both growing at double digits. We are also seeing record engagement as we introduce new ways for our more than one billion members to connect, sell services, get hired, and share knowledge.

Our investments in rich formats, like video, strengthen our leadership in B2B advertising and amplify the value we deliver to our customers. Weekly immersive video views increased 6x quarter-over-quarter and total video viewership on LinkedIn is up 36% year-over-year.

Our AI-powered tools also continue to transform how people sell, learn, and hire.

In Sales, new AI features help every team member perform at the level of top sellers and drive more profitable growth.

In Learning, just yesterday, we announced updates to our coaching experience, including personalized career development plans. And LinkedIn's first agent, Hiring Assistant, will help hirers find qualified candidates faster by tackling the most time-consuming tasks.

Already, hirers who use AI-assisted messages see a 44% higher acceptance rate compared to those who don't.

Finally, our hiring business continues to take share.

You can see LinkedIn's quarterly product highlights, releases and enhancements in the Q1 FY25 product list here. For more information, see the Q1 FY25 earnings release here.

LINK:	https://news.linkedin.com/2024/October/LinkedIn_Business_Highlights_fr...
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