LinkedIn reports $393 million in revenue, tops Street


SAN FRANCISCO, Oct 29 (Reuters) - LinkedIn Corp posted better-than-expected third quarter revenue of $393million on Tuesday, a 56 percent jump from a year ago, as thered-hot social networking site reported progress in itstransition to mobile devices.

LinkedIn's dizzying valuation - it is trading at roughly 158times forward earnings, compared with Facebook's 70 timesand Google's 23 - has heightened scrutiny on whetherthe company can maintain its growth streak.

LinkedIn said its monthly users rose to 259 million duringthe quarter, a 38 percent rise from a year ago.

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