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…
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