Yandex: Q1 Earnings Snapshot

Yandex: Q1 Earnings Snapshot

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…


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