LinkedIn CEO Jeff Weiner Getty / Justin Sullivan LinkedIn just announced its Q2 earnings. It's a beat on both the top and bottom lines.

Here are the numbers:

EPS : $0.51 versus analyst expectations of $0.39

: $0.51 versus analyst expectations of $0.39 Revenue : $533.9 million versus analyst expectations of $510.98 million

: $533.9 million versus analyst expectations of $510.98 million Q3 revenue: $543 - $547 versus analyst expectation of $540.86 million

Stock was up as much as 13% in reaction, but has since cooled to about 8% after-hours.

Revenue increased 47% year-over-year, with LinkedIn's talent solutions products, which help recruiters find the right candidates, accounting for 60% of the total $533.9 million revenue. Marketing and premium subscriptions each made up 20% of the revenue. About two-thirds of LinkedIn's more than 300 million users are international, but revenue from the U.S. still makes up about 60% of the total.

One of the things analysts had their eyes on was LinkedIn's revenue growth. They were concerned that the growth rate was going to continue to decelerate, but it actually accelerated, increasing 47% year-over-year this quarter compared to 46% year-over-year last quarter. For the full year, LinkedIn is expecting revenue of between $2.14 and $2.15 billion.

The company also just announced the launch of a new enterprise product called "Sales Navigator," which will connect salespeople and buyers, and highlighted the growth of its long-form publisher platform, which sees about 30,000 new posts weekly. When LinkedIn launched the program, it was only available to a select group of "Influencers," but now 15 million people have posting capabilities.

Here's the official statement from CEO Jeff Weiner:

LinkedIn delivered strong financial results in the second quarter while maintaining investment in our member and customer offerings. We made significant progress against several key strategic priorities including increasing the scale of job opportunities on LinkedIn; expanding our professional publishing platform; and continuing the strategic shift towards content marketing through Sponsored Updates.

Here's a look at LinkedIn's historic revenue: