Yandex (YNDX) Tops Q1 EPS by 43c

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Go back to Yandex (YNDX) Tops Q1 EPS by 43c

Yandex Announces First Quarter 2015 Financial Results

April 28, 2015 6:00 AM EDT

MOSCOW and AMSTERDAM, Netherlands, April 28, 2015 (GLOBE NEWSWIRE) -- Yandex (Nasdaq: YNDX), one of Europe's largest internet companies and the leading search provider in Russia, today announced its unaudited financial results for the first quarter ended March 31, 2015.

Q1 2015 Financial Highlights(1)(2)

Revenues of RUR 12.3 billion ($211.1 million), up 13% compared with Q1 2014 Ex-TAC revenues (excluding traffic acquisition costs) up 16% compared with Q1 2014 Income from operations of RUR 1.5 billion ($25.5 million), down 45% compared with Q1 2014 Adjusted EBITDA of RUR 3.6 billion ($61.1 million), down... More