Yandex (YNDX) Q1 Earnings Miss Estimates, Revenues Rise Y/Y – April 29, 2021

Yandex N.V. (YNDX Free Report) reported first-quarter 2021 adjusted earnings of 8 centsper share, missing the Zacks Consensus Estimate by 75.7%.

Further, the figure declined 65.2% sequentially and 57.9% year over year.

Revenues were $966.1 million. In ruble terms, the figure stands at RUB 73.1 billion,whichrose 56% on a year-over-year basisand 2.1% from the previous quarter.

The reported revenue figure includes the consolidated financial results of…


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