Yandex N.V. YNDX reported first-quarter 2021 adjusted earnings of 8 centsper share, missing the Zacks Consensus Estimate by 75.7%.
Further, the figure declined 65.2% sequentially and 57.9% year over year.
Revenues were $966.1 million. In ruble terms, the figure stands at RUB 73.1 billion,whichrose 56% on a year-over-year basisand 2.1% from the previous quarter.
The reported revenue figure includes the consolidated financial results of Yandex.Market.
Improving momentum across the company’s…
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