Tag Archives: Yandex

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

Yandex (NASDAQ:YNDX): Q2 GAAP EPS of -$0.14 beats by $0.02. Revenue of $591.9M (-9.8% Y/Y) beats by $12.82M. Adjusted net income of RUB1.9B ($27.3M), down 67% compared with Q2 2019. Press Release Source link

MOSCOW and AMSTERDAM, the Netherlands, July 28, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced its unaudited financial results for the second quarter ended June 30, 2020. (1) Pursuant to SEC rules regarding convenience translations, Russian ruble (RUB) amounts have been translated into U.S. dollars at a rate of RUB 69.9513 to $1.00, the official exchange rate quoted… Source link

Yandex (NASDAQ:YNDX) is scheduled to announce Q2 earnings results on Tuesday, July 28th, before market open. The consensus EPS Estimate is $0.06 (-64.7% Y/Y) and the consensus Revenue Estimate is $579.08M (-11.8% Y/Y). Over the last 1 year, YNDX has beaten EPS estimates 25% of the time and has beaten revenue estimates 100% of the time. Over the last 3 months, EPS estimates have seen 0 upward revisions and 3 downward. Revenue estimates have seen 1 upward revision and 1 downward. Source link

Russian tech giant Yandex has announced that they have completed the reorganization of their joint venture Yandex.Market and Yandex.Money with Sberbank. In a filing with the regulatory, Yandex said, “The company will now own 100% equity shares of Yandex.Market, with an equity incentive pool set aside for Yandex.Market management.” “Besides this, Yandex has exited the Yandex.Money joint venture. As a result, any financial services non-complete obligations between Yandex and Sberbank… Source link

Under the terms of the deal, Sberbank has bought out a 25%+1 stake in Yandex.Money. Sberbank Rossii PAO (MCX:SBER) today announces the closing of the deal with Yandex for splitting of their assets. Under the terms of the deal, Sberbank has bought out a 25%+1… Source link

MOSCOW and AMSTERDAM, July 23, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX) and Sberbank announced that they have completed the reorganization of their Joint Ventures – Yandex.Market and Yandex.Money. Yandex now owns 100% of Yandex.Market, with an equity incentive pool set aside for Yandex.Market management. In addition, Yandex has exited the Yandex.Money Joint Venture. As a result, any financial services non-compete obligations between Yandex and Sberbank are now… Source link

MOSCOW and AMSTERDAM, July 23, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX) and Sberbank announced that they have completed the reorganization of their Joint Ventures – Yandex.Market and Yandex.Money. Yandex now owns 100% of Yandex.Market, with an equity incentive pool set aside for Yandex.Market management. In addition, Yandex has exited the Yandex.Money Joint Venture. As a result, any financial services non-compete obligations between Yandex and Sberbank are now terminated. A… Source link

Wall Street expects a year-over-year decline in earnings on lower revenues when Yandex (YNDX) reports results for the quarter ended June 2020. While this widely-known consensus outlook is important in gauging the company’s earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July… Source link

Wall Street expects a year-over-year decline in earnings on lower revenues when Yandex (YNDX – Free Report) reports results for the quarter ended June 2020. While this widely-known consensus outlook is important in gauging the company’s earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report,… Source link