Yandex N.V. (YNDX – Free Report) reported third-quarter 2021 adjusted earnings of 5 cents per share, beating the Zacks Consensus Estimate by 25%.
However, the bottom line declined 81.5% year over year.
Revenues were $1.25 billion. In ruble terms, the figure stands at RUB 91.3 billion, which rose 57% on a year-over-year basis.
The reported revenue figure includes the consolidated financial results of Yandex.Market.
Strengthening momentum across the…
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