LinkedIn’s addition of new businesses, including news content and client-management services for salespeople, lifted third-quarter sales and profit above analysts’ estimates.

The shares soared as much as 14 per cent with revenue climbing 45 per cent to $568.3 million, the Mountain View, California-based company said in a statement.

Profit excluding certain costs was 52 cents a share whereas analysts on average had projected sales of $557.7 million and profit of 47 cents.

Chief Executive Officer Jeff Weiner has been building new products, such as a news business with sponsored updates and tools to help salespeople looking for clients, to make up for slower growth in recruiting, where the market is becoming saturated.

LinkedIn, owner of the largest professional- networking website, has also expanded into regions such as China.

Shares climbed 13 per cent to $228.34 in New York, after earlier increasing to $230.62, the biggest intraday gain since February 2013.

- Bloomberg