Tag Archives: Yandex

(Adds detail) MOSCOW, April 29 (Reuters) – Yandex said on Thursday it had agreed to buy mid-sized bank Acropol for 1.1 billion roubles ($14.8 million), a move that will secure a banking licence for the Russian internet company so that it can develop financial services. Yandex has sought a means to develop its fintech offering after its split from a joint venture with state lender Sberbank last summer meant it ceded control of e-payment service Yandex.Money. In October, a $5.48 billion… Source link

[unable to retrieve full-text content]Yandex (YNDX) CEO Tigran Khudaverdyan on Q1 2021 Results – Earnings Call Transcript  Seeking Alpha Source link

SCHIPHOL, Netherlands (AP) _ Yandex NV (YNDX) on Wednesday reported a first-quarter loss of $53 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Schiphol, Netherlands-based company said it had a loss of 14 cents. Earnings, adjusted for non-recurring costs, were 8 cents per share. The Russian search engine posted revenue of $966.1 million in the period. Yandex expects full-year revenue in the… Source link

April 28, 2021Updated: April 28, 2021 7:32 a.m. SCHIPHOL, Netherlands (AP) _ Yandex NV (YNDX) on Wednesday reported a first-quarter loss of $53 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Schiphol, Netherlands-based company said it had a loss of 14 cents. Earnings, adjusted for non-recurring costs, were 8 cents per share. The Russian search engine posted revenue of $966.1 million in the period. … Source link

April 28, 2021Updated: April 28, 2021 5:32 a.m. SCHIPHOL, Netherlands (AP) _ Yandex NV (YNDX) on Wednesday reported a first-quarter loss of $53 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Schiphol, Netherlands-based company said it had a loss of 14 cents. Earnings, adjusted for non-recurring costs, were 8 cents per share. The Russian search engine posted revenue of $966.1 million in the period. … Source link

April 28, 2021Updated: April 28, 2021 5:32 a.m. SCHIPHOL, Netherlands (AP) _ Yandex NV (YNDX) on Wednesday reported a first-quarter loss of $53 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Schiphol, Netherlands-based company said it had a loss of 14 cents. Earnings, adjusted for non-recurring costs, were 8 cents per share. The Russian search engine posted revenue of $966.1 million in the period. … Source link

(Adds dropped country code) MOSCOW, April 28 (Reuters) – Russian internet giant Yandex on Wednesday reported a 43% drop in first-quarter adjusted net income compared with last year but raised its 2021 revenue forecast as the recovery in its core advertising business continued after an early pandemic hit. The advertising business was hurt during the early stages of COVID-19 but other segments such as food delivery and e-commerce boomed as people adapted to using online services when… Source link

(Adds dropped country code) MOSCOW, April 28 (Reuters) – Russian internet giant Yandex on Wednesday reported a 43% drop in first-quarter adjusted net income compared with last year but raised its 2021 revenue forecast as the recovery in its core advertising business continued after an early pandemic hit. The advertising business was hurt during the early stages of COVID-19 but other segments such as food delivery and e-commerce boomed as people adapted to using online services when… Source link

(Adds detail, analyst comment) MOSCOW, April 28 (Reuters) – Russian internet giant Yandex on Wednesday reported a 43% drop in first-quarter adjusted net income compared with last year but raised its 2021 revenue forecast as the recovery in its core advertising business continued after an early pandemic hit. The advertising business was hurt during the early stages of COVID-19 but other segments such as food delivery and e-commerce boomed as people adapted to using online services when… Source link

TipRanks Buy These 2 New Stocks Before They Jump Over 60%, Says Goldman Sachs The S&P 500 is showing a 6-month gain of 24%. Stocks generally have been gainers as the coronavirus crisis recedes, economies reopen, and the Federal Reserve remains committed to low-rate regime. In this environment, it’s no wonder that many companies are considering going public through an IPO. The high-return environment we’re experiencing right now makes the IPO attractive as a way to not just raise capital… Source link