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

About search

Check Also

Nasdaq tells Yandex, other Russian firms of plan to delist stocks – Yahoo Sport Australia

Insiders Sell, Yandex Plummets. Should You Worry? – AOL

[unable to retrieve full-text content]Insiders Sell, Yandex Plummets. Should You Worry?  AOL Source link

Leave a Reply

Your email address will not be published.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