YANDEX (YNDX) Reports Q2 Earnings of $0.12

In its first quarter as a public company, YANDEX (NASDAQ: YNDX) reported Q2 EPS of $0.12, versus one analyst of $0.10. Revenue for the quarter came in at $161.7 million, up 57% from last year.

Yandex currently expects to achieve ruble based revenue growth of 55%-60% for the full year 2011. Capital expenditures in 2011 are expected to be up to RUR 6.3 billion.

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