Yandex (YNDX) Tops Q1 EPS Views; Boosts FY13 Outlook
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Yandex (NASDAQ: YNDX) reported Q1 EPS of RUR6.67, RUR0.72 better than the analyst estimate of RUR5.95. Revenue for the quarter came in at RUR8 billion versus the consensus estimate of RUR7.82 billion.
Revs were up 36 percent from last year, while net income improved 60 percent.
Yandex is increasing revenue guidance for the full-year 2013, and we now expect year-on-year ruble-based revenue growth of 30-35%.
For earnings history and earnings-related data on Yandex (YNDX) click here.
Revs were up 36 percent from last year, while net income improved 60 percent.
Yandex is increasing revenue guidance for the full-year 2013, and we now expect year-on-year ruble-based revenue growth of 30-35%.
For earnings history and earnings-related data on Yandex (YNDX) click here.
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