Yandex (YNDX) Q3 Earnings Beat Estimates, Revenues Up Y/Y

Yandex N.V. YNDX reported third-quarter 2020 adjusted earnings of 27 centsper share, beating the Zacks Consensus Estimate by 80%. The figure was up 200% sequentially but down 15.6% year over year.

Revenues of $732.1 million (RUB 58.3 billion) lagged the Zacks Consensus Estimate of $811 million. In ruble terms, the figure rose 30% on a year-over-year basisand 40.8% from the previous quarter.

The reported revenue figure includes the consolidated financial results of Yandex.Market. Notably,…


Source link

About search

Check Also

Russia's Yandex reports Q1 revenue rise as market awaits spin-off news – Reuters

Russia's Yandex reports Q1 revenue rise as market awaits spin-off news – Reuters

[unable to retrieve full-text content]Russia’s Yandex reports Q1 revenue rise as market awaits spin-off news  Reuters …

Leave a Reply

Your email address will not be published. Required fields are marked *