Tag Archives: Yandex

SCHIPHOL, Netherlands (AP) _ Yandex NV (YNDX) on Wednesday reported a loss of $46.5 million in its third quarter. On a per-share basis, the Schiphol, Netherlands-based company said it had a loss of 13 cents. Earnings, adjusted for non-recurring costs, came to 5 cents per share. The Russian search engine posted revenue of $1.25 billion in the period. _____ … Source link

SCHIPHOL, Netherlands (AP) _ Yandex NV (YNDX) on Wednesday reported a loss of $46.5 million in its third quarter. On a per-share basis, the Schiphol, Netherlands-based company said it had a loss of 13 cents. Earnings, adjusted for non-recurring costs, came to 5 cents per share. The Russian search engine posted revenue of $1.25 billion in the period. _____ … Source link

[unable to retrieve full-text content]Yandex EPS beats by $0.33, revenue in-line  Seeking Alpha Source link

MOSCOW, Oct 27 (Reuters) – Russian internet giant Yandex on Wednesday reported an 82% year-on-year drop in third-quarter adjusted net income, in part due to investments in e-commerce, but raised its 2021 group revenue forecast to 340-350 billion roubles ($4.84-$5 billion). Yandex, which is spending $650 million on an e-commerce drive this year, said gross merchandise volume (GMV) for its e-commerce businesses jumped 214% year-on-year to 41 billion roubles. Adjusted net income fell to 1.34… Source link

Reconciliation of financial results on a like-for-like basis including Yandex.Market to U.S. GAAP financial results In RUB millions Three months ended Nine months ended September 30, September 30, 2020 2021 Change 2020 2021 Change Revenues ... Source link

— In September 2021, Yandex paid RUB 58.4 billion* (USD0.8 billion) in cash under the agreed payment termsand following the completed milestones of the recently announced transaction with Uber. The remaining part ofconsideration will be paid upon the completion of the deal. *at the exchange rate as of payment date. Segment financial results Search & Portal Our Search and Portal segment includes Search, Geo, Yandex 360, Weather, News, Travel, Alice voice assistant and a… Source link

(Adds detail) MOSCOW, Oct 27 (Reuters) – Russian internet giant Yandex on Wednesday reported an 82% year-on-year drop in third-quarter adjusted net income, in part due to e-commerce investments, but raised its full-year group revenue forecast for a second time. The rapidly expanding company, which is spending $650 million on an e-commerce drive this year, offers services ranging from advertising to ride-hailing and food delivery. It now expects group revenue this year of 340-350 billion roubles… Source link

Yandex (NASDAQ:YNDX) had its price objective upped by equities researchers at Citigroup from $82.00 to $90.00 in a research report issued to clients and investors on Tuesday, The Fly reports. The brokerage presently has a “buy” rating on the information services provider’s stock. Citigroup’s price target would suggest a potential upside of 16.81% from the company’s current price. Other equities research analysts also recently issued reports about the stock. Zacks Investment Research raised… Source link

Internet, October 26, 2021. Yandex has appointed Dmitry Ivanov as its Chief Sustainability Officer. Prior to this appointment, Dmitry has been an important executive sponsor of a variety of corporate sustainability initiatives and was a coordinator of the Helping Hand, a community initiative launched in 2020 that focuses on leveraging Yandex’s services to assist vulnerable groups across our biggest markets. “Dmitry’s readiness to play the critical role… Source link

[unable to retrieve full-text content]Yandex Q3 2021 Earnings Preview  Seeking Alpha Source link