Yandex N.V. (NASDAQ:YNDX) – Yandex Beats On Q2 Revenue, Misses On Earnings, Issues FY21 Guidance

Yandex N.V. (NASDAQ:YNDX) – Yandex Beats On Q2 Revenue, Misses On Earnings, Issues FY21 Guidance

Yandex Beats On Q2 Revenue, Misses On Earnings, Issues FY21 Guidance

  • Yandex NV (NASDAQ: YNDXreported second-quarter FY21 revenue growth of 97% year-on-year to $1.13 billion, beating the analyst consensus of $1.01 billion.
  • Revenues from Online advertising grew 60% Y/Y to RUB 39.6 billion, Taxi segment, excluding sales of goods, rose 99% Y/Y to RUB 21.4 billion, sales of goods increased 365% Y/Y to RUB 13.4…

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