Yandex (YNDX) Posts Q2 Results; Raises FY Revenue Guidance

July 25, 2013 8:00 AM EDT
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Yandex (NASDAQ: YNDX) reported Q2 EPS of R$8.91, R$0.65 better than the analyst estimate of R$8.26. Revenue for the quarter came in at R$9.2 billion versus the consensus estimate of R$9.16 billion.

The firm is raising revenue guidance for the full-year 2013, and we now expect year-on-year ruble-based revenue growth of 34-38%.1

For earnings history and earnings-related data on Yandex (YNDX) click here.


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