Yandex N.V. (YNDX – Free Report) reported fourth-quarter 2020 adjusted earnings of 23 cents per share, whereas the Zacks Consensus Estimate was pegged at a loss of 4 cents per share.
However, the figure declined 14.8% sequentially and8% year over year.
Revenues of $969.2 million (RUB 71.6 billion) lagged the Zacks Consensus Estimate of $1.02billion. In ruble terms, the figure rose 39% on a year-over-year basisand 22.8% from the previous quarter.
The…
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