Yandex N.V. (YNDX Quick QuoteYNDX – Free Report) reported second-quarter 2021 adjusted earnings of 4 cents per share, missing the Zacks Consensus Estimate by 89.7%. Further, the figure declined 50% sequentially and 55.6% year over year. Revenues were $1.12 billion. In ruble terms, the figure totaled RUB 81.4 billion, up 70% on a year-over-year basis and 11.4% from the previous quarter. The reported revenue figure includes the consolidated financial results of… Source link
Read More »Ad revenues, cloud computing drive big Alphabet beat
Alphabet, the parent company of search giant Google (GOOG, GOOGL) blew away Wall Street’s second quarter estimates on Tuesday, bolstered by strength in advertising and cloud computing. Here were the main results from Alphabet’s report, compared to consensus estimates compiled by Bloomberg: Thanks to the tech giant’s linchpin, Google Search, ad revenues skyrocketed by 69% from the comparable year ago quarter. Overall total revenue soared by 62% from Q2 of 2020. During the quarter, “there was a… Source link
Read More »Yandex (YNDX) Q1 Earnings Miss Estimates, Revenues Rise Y/Y – April 29, 2021
Yandex N.V. (YNDX Quick QuoteYNDX – Free Report) reported first-quarter 2021 adjusted earnings of 8 centsper share, missing the Zacks Consensus Estimate by 75.7%. Further, the figure declined 65.2% sequentially and 57.9% year over year. Revenues were $966.1 million. In ruble terms, the figure stands at RUB 73.1 billion,whichrose 56% on a year-over-year basisand 2.1% from the previous quarter. The reported revenue figure includes the consolidated financial results of… Source link
Read More »Yandex (YNDX) Q1 Earnings Miss Estimates, Revenues Rise Y/Y
Yandex N.V. YNDX reported first-quarter 2021 adjusted earnings of 8 centsper share, missing the Zacks Consensus Estimate by 75.7%. Further, the figure declined 65.2% sequentially and 57.9% year over year. Revenues were $966.1 million. In ruble terms, the figure stands at RUB 73.1 billion,whichrose 56% on a year-over-year basisand 2.1% from the previous quarter. The reported revenue figure includes the consolidated financial results of Yandex.Market. Improving momentum across the company’s… Source link
Read More »Yandex (YNDX) Q4 Earnings Beat Estimates, Revenues Rise Y/Y – February 18, 2021
Yandex N.V. (YNDX Quick QuoteYNDX – Free Report) reported fourth-quarter 2020 adjusted earnings of 23 cents per share, whereas the Zacks Consensus Estimate was pegged at a loss of 4 cents per share. However, the figure declined 14.8% sequentially and8% year over year. Revenues of $969.2 million (RUB 71.6 billion) lagged the Zacks Consensus Estimate of $1.02billion. In ruble terms, the figure rose 39% on a year-over-year basisand 22.8% from the previous quarter. The… Source link
Read More »North Dakota lawmakers vote down a bill that threatened Apple’s and Google’s revenues.
A North Dakota bill that an Apple executive had warned “threatens to destroy iPhone as you know it” died in a vote on Tuesday. Three-quarters of North Dakota’s 48 state senators voted against the bill, which sought to prohibit Apple and Google from forcing North Dakota companies to hand over a share of their app sales. The bill targeted Apple’s and Google’s practices of charging a commission of up to 30 percent on many app sales. The companies brought in a combined $33 billion from… Source link
Read More »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
Read More »Yandex (YNDX) Q3 Earnings Beat Estimates, Revenues Up Y/Y – October 30, 2020
Yandex N.V. (YNDX – Free Report) 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… Source link
Read More »Yandex lifts revenues 30% in Q3
Russian search engine Yandex said revenues for the third quarter rose 30 percent year-on-year to RUB 58.3 billion. The net income leaped 356 percent to RUB 21.9 billion while the adjusted net profit went up by 11 percent to RUB 7.6 billion, up by 11 percent. The adjusted EBITDA lifted 8 percent to RUB 15.1 billion, with the margin going to 25.9 percent. The group also announced financial results on a like-for-like basis, excluding Yandex.Market in 2019 and 2020. Here, revenues… Source link
Read More »Yandex (YNDX) Misses Q2 EPS by 20c, Revenues Beat
News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here. Yandex (NASDAQ: YNDX) reported Q2 EPS of ($0.14), $0.20 worse than the analyst estimate of $0.06. Revenue for the quarter came in at $597.9 million versus the consensus estimate of $579.04 million. Q2 2020 Financial Highlights (1) Q2 2020 consolidated financial results Revenues of RUB 41.4 billion ($591.9 million), in line with Q2 2019 Net loss of RUB 3.7 billion ($52.3… Source link
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