Yandex N.V. YNDX reported second-quarter 2021 adjusted earnings of 4 cents per share, missing the Zacks Consensus Estimate by 89.7%.
Further, the figure declined 50% sequentially and 55.6% year over year.
Revenues were $1.12 billion. In ruble terms, the figure totaled RUB 81.4 billion, up 70% on a year-over-year basis and 11.4% from the previous quarter.
The reported revenue figure includes the consolidated financial results of Yandex.Market.
Strength across the company’s online advertising…
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