Yandex Announces Second Quarter 2015 Financial Results

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Yandex (YNDX) Misses Q2 EPS by 101c

July 30, 2015 9:09 AM EDT

Yandex (NASDAQ: YNDX) reported Q2 EPS of $7.37, $1.01 worse than the analyst estimate of $8.38. Revenue for the quarter came in at $13.9 billion versus the consensus estimate of $13.63 billion.

Text-based advertising revenues increased 13% compared with Q2 2014 and constituted 91% of our total revenues.

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