Yandex News

Yandex: Q4 Earnings Snapshot

SCHIPHOL, Netherlands (AP) _ Yandex NV (YNDX) on Tuesday reported a loss of $59.6 million in its fourth quarter. The Schiphol, Netherlands-based company said it had a loss of 16 cents per share. Earnings, adjusted for non-recurring costs, were 4 cents per share. The Russian search engine posted revenue of $1.49 billion in the period. For the year, the company reported a loss of $197.4 million, or 54 cents per share. Revenue was… Source link

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Yandex: Q4 Earnings Snapshot

SCHIPHOL, Netherlands (AP) _ Yandex NV (YNDX) on Tuesday reported a loss of $59.6 million in its fourth quarter. The Schiphol, Netherlands-based company said it had a loss of 16 cents per share. Earnings, adjusted for non-recurring costs, were 4 cents per share. The Russian search engine posted revenue of $1.49 billion in the period. For the year, the company reported a loss of $197.4 million, or 54 cents per share. Revenue was… Source link

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Yandex: Q4 Earnings Snapshot

SCHIPHOL, Netherlands (AP) _ Yandex NV (YNDX) on Tuesday reported a loss of $59.6 million in its fourth quarter. The Schiphol, Netherlands-based company said it had a loss of 16 cents per share. Earnings, adjusted for non-recurring costs, were 4 cents per share. The Russian search engine posted revenue of $1.49 billion in the period. For the year, the company reported a loss of $197.4 million, or 54 cents per share…. Source link

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Russia’s Yandex eyes $6.5 bln annual revenue in 2022 after FY profit slip

The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. REUTERS/Shamil Zhumatov/File Photo Register now for FREE unlimited access to Reuters.com Register MOSCOW, Feb 15 (Reuters) – Russian internet giant Yandex (YNDX.O) on Tuesday reported a 55% decrease in adjusted net income in 2021 but said it expects total group revenues to continue their upward trajectory this year to reach 490-500 billion roubles ($6.50-$6.63 billion). Yandex’s… Source link

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Retail Technology – Yandex Self-Driving Group Teams Up With Majid Al Futtaim

In the most recent edition of ESM, we spoke to a number of retailers across Europe about some of the technological innovations they have implemented into their businesses over the past year. Here, we chat to Artem Fokin, head of business development for Russia’s Yandex Self-Driving Group, about its plans to develop autonomous delivery alongside Majid Al Futtaim in Dubai. Yandex Self-Driving Group announced in November that it had signed a memorandum of understanding with Majid Al Futtaim,… Source link

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Rohlik Expands Operations In Germany, Targets €1.2 bn Sales In 2024

Online grocery delivery business Rohlik Group said on Tuesday it has expanded its German business to the Rhine-Main region including Frankfurt and plans to add Hamburg, Cologne and other cities within two years to become the German market leader. ‘Aiming for a turnover of €1.2 billion in 2024, (Rohlik’s German brand) Knuspr.de is aiming to be number one in the growing e-grocery market in Germany with 30% market share,’ the company said in a statement. Rohlik, set up by Czech businessman… Source link

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Delisting Does Not Indicate Plan To Sell Grubhub, Says Just Eat Takeaway CEO

Just Eat Takeaway.com CEO Jitse Groen said on Sunday the company’s decision to de-list its shares from the Nasdaq stock exchange should not be taken as an indication of plans to sell its Grubhub subsidiary. The company announced its intention to delist its US shares on Tuesday. Shares of the Amsterdam-based company remain listed on the Amsterdam and London stock exchanges. “This is a cost reduction measure,” Groen told Dutch television programme Business Class in an interview. He repeated… Source link

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Where Does Wall Street Think Yandex NV (YNDX) Stock Will Go?

InvestorsObserver is giving Yandex NV (YNDX) an Analyst Rating Rank of 71, meaning YNDX is ranked higher by analysts than 71% of stocks. The average price target for YNDX is $86.428 and analyst’s rate the stock as a Strong Buy. Wall Street analysts are rating YNDX a Strong Buy today. Find out what this means to you and get the rest of the rankings on YNDX! Why are Analyst Ratings Important? Fundamental research of the underlying… Source link

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