Yandex (YNDX) Tops Q3 EPS Views

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Yandex Announces Third Quarter 2015 Financial Results

October 27, 2015 6:00 AM EDT

MOSCOW and AMSTERDAM, The Netherlands, Oct. 27, 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 third quarter ended September 30, 2015.

Q3 2015 Financial Highlights(1)(2)

Revenues of RUB 15.4 billion ($233.1 million), up 18% compared with Q3 2014 Ex-TAC revenues (excluding traffic acquisition costs) up 18% compared with Q3 2014 Income from operations of RUB 3.2 billion ($48.1 million), down 29% compared with Q3 2014 Adjusted EBITDA of RUB 6.0 billion ($90.9... More