Yandex News

Yandex NV YNDX reported fourth-quarter FY21 revenue growth of 54% year-on-year to $1.485 billion. Yandex is one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia. Revenues from Online advertising grew 26% Y/Y to RUB 48.4 billion, Taxi segment, excluding sales of goods, rose 86% Y/Y to RUB 32.9 billion, sales of goods increased 74% Y/Y to RUB 17.7 billion, and Other revenues grew 111% Y/Y to RUB 11.3 billion. The total cost of… Source link

MOSCOW, Feb 15 (Reuters) – Russian internet giant Yandex on Tuesday reported a sharp drop in adjusted annual net profit, but said total revenue could surge this year to around $6.5 billion, driven in part by high turnover growth in e-commerce. Yandex’s core advertising business, which accounted for 47% of total revenue in the fourth quarter of 2021, suffered during the early stages of the COVID-19 pandemic, but surging interest in online transactions allowed its other… Source link

(Adds quotes from call, analyst comment) By Alexander Marrow and Gleb Stolyarov MOSCOW, Feb 15 (Reuters) – Russian internet giant Yandex on Tuesday reported a sharp drop in adjusted annual net profit, but said total revenue could surge this year to around $6.5 billion, driven in part by high turnover growth in e-commerce. Yandex’s core advertising business, which accounted for 47% of total revenue in the fourth quarter of 2021, suffered during the early stages of the COVID-19 pandemic, but… Source link

Yandex Announces Fourth Quarter and Full-Year 2021 Financial Results MOSCOW and AMSTERDAM, the Netherlands, February 15, 2022 — Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced its unaudited financial results for the fourth quarter and the full year ended December 31, 2021. Q4 and FY 2021… Source link

Yandex NV (YNDX) has gained Tuesday morning, with the stock increasing 8.70% in pre-market trading to 49.11. YNDX’s short-term technical score of 24 indicates that the stock has traded less bullishly over the last month than 76% of stocks on the market. In the Internet Content & Information industry, which ranks 140 out of 146 industries, YNDX ranks higher than 56% of stocks. Yandex NV has fallen 13.68% over the past month, closing at… Source link

Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here. MOSCOW, RUSSIA and AMSTERDAM, the NETHERLANDS / ACCESSWIRE / February 15, 2022 / Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced its unaudited financial results for the fourth quarter and the full year ended December 31, 2021. Q4 and FY 2021 Financial and Operational… Source link

MOSCOW, RUSSIA and AMSTERDAM, the NETHERLANDS / ACCESSWIRE / February 15, 2022 / Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced its unaudited financial results for the fourth quarter and the full year ended December 31, 2021. Q4 and FY 2021 Financial and Operational Highlights1,2 In RUB millions Three months endedDecember 31, Twelve months endedDecember… Source link

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Russia’s Yandex eyes $6.5 billion annual revenue in 2022 after FY profit slip | WTVB | 1590 AM · 95.5 FM | The Voice of Branch County … Source link

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