Yandex News

Yandex: Q2 Earnings Snapshot

Yandex: Q2 Earnings Snapshot

SCHIPHOL, Netherlands (AP) _ Yandex NV (YNDX) on Wednesday reported profit of $112.7 million in its second quarter. On a per-share basis, the Schiphol, Netherlands-based company said it had profit of 30 cents. Earnings, adjusted for non-recurring costs, were 53 cents per share. The Russian search engine posted revenue of $2.3 billion in the period. _____ … Source link

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Yandex Announces Second Quarter 2022 Financial Results

Yandex Announces Second Quarter 2022 Financial Results

MOSCOW, RUSSIA and AMSTERDAM, the NETHERLANDS / ACCESSWIRE / July 27, 2022 / Yandex (NASDAQ:YNDX)(MOEX:YNDX), one of Europe’s largest internet companies, today announced its unaudited financial results for the second quarter ended June 30, 2022. Q2 2022 Financial and Operational Highlights1,2 In RUB millions Three months ended June 30 2021 2022 Change Total Revenues 81,402 117,748 45% Online Ad Revenues 39,586 48,430 22% Total Adjusted EBITDA 5,780 25,694 345% Total Group Total Adjusted EBITDA margin, %

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Russia’s Yandex says investments could pick up as revenues rise

Russia’s Yandex says investments could pick up as revenues rise

MOSCOW (Reuters) -Russian internet giant Yandex reported on Tuesday a jump in second-quarter revenue and profit, saying efforts to save cash had helped it weather external challenges and that investments may accelerate in the coming quarters. Like all Russian companies, Yandex has had to contend with the fallout from Moscow’s decision to send troops into Ukraine on Feb. 24, and although Yandex itself has not been targeted with Western sanctions, it has faced problems as… Source link

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Russia’s Yandex posts 45% increase in total revenues in Q2

Russia’s Yandex posts 45% increase in total revenues in Q2

MOSCOW (Reuters) – Russian internet giant Yandex on Tuesday reported a 45% year-on-year increase in total revenues in the second quarter to 118 billion roubles ($2 billion) and rebounded from last quarter’s net loss to post adjusted net income of 13.1 billion roubles. Yandex, one of Europe’s largest internet businesses and registered in the Netherlands, in late April said it was selling its news aggregator platform Yandex News and content recommendation service Yandex Zen to its Russian rival… Source link

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Russia’s Yandex posts 45% increase in total revenues in Q2

Russia’s Yandex posts 45% increase in total revenues in Q2

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 This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, July 26 (Reuters) – Russian internet giant Yandex (YNDX.O) on Tuesday reported a 45% year-on-year increase in total revenues in the second quarter to 118 billion… Source link

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Russia’s Yandex posts 45% increase in total revenues in Q2

Russia’s Yandex posts 45% increase in total revenues in Q2

* This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, July 26 (Reuters) – Russian internet giant Yandex on Tuesday reported a 45% year-on-year increase in total revenues in the second quarter to 118 billion roubles ($2 billion) and rebounded from last quarter’s net loss to post adjusted net income of 13.1 billion roubles. Yandex, one of Europe’s largest internet businesses, registered in the… Source link

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Truist Financial Corp Has $602,000 Position in Yandex (NASDAQ:YNDX)

Truist Financial Corp Has $602,000 Position in Yandex (NASDAQ:YNDX)

Truist Financial Corp boosted its position in Yandex (NASDAQ:YNDX – Get Rating) by 7.8% in the first quarter, Holdings Channel.com reports. The firm owned 31,824 shares of the information services provider’s stock after purchasing an additional 2,289 shares during the quarter. Truist Financial Corp’s holdings in Yandex were worth $602,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds also recently made… Source link

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Russia’s Yandex says investments could pick up as revenues rise

Russia’s Yandex says investments could pick up as revenues rise

Yandex reports rise in revenue, profit, EBITDA Russian firm says making strong efforts to conserve cash Yandex’s Moscow-listed shares up 8% by 1345 GMT This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, July 26 (Reuters) – Russian internet giant Yandex (YNDX.O) reported on Tuesday a jump in second-quarter revenue and profit, saying efforts to save cash had helped it weather external challenges and that investments may accelerate… Source link

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