Yandex Announces Second Quarter 2022 Financial Results

Yandex Announces Second Quarter 2022 Financial Results

MOSCOW, RUSSIA and AMSTERDAM, the NETHERLANDS / ACCESSWIRE / July 27, 2022 / Yandex (NASDAQ:YNDX)(MOEX:YNDX), one of Europe’s largest internet companies, today announced its unaudited financial results for the second quarter ended June 30, 2022.

Q2 2022 Financial and Operational Highlights1,2

In RUB millions

Three months ended June 30

2021

2022

Change

Total Revenues

81,402

117,748

45%

Online Ad Revenues

39,586

48,430

22%

Total Adjusted EBITDA

5,780

25,694

345%

Total Group

Total Adjusted EBITDA margin, %


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