Yandex (YNDX) Tops Q1 Views
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Yandex Announces First Quarter 2016 Financial Results
April 28, 2016 6:00 AM EDTMOSCOW, Russia, and AMSTERDAM, the Netherlands, April 28, 2016 (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, 2016.
Q1 2016 Consolidated Financial Highlights(1)(2)
Revenues of RUB 16.5 billion ($243.7 million), up 34% compared with Q1 2015Adjusted EBITDA of RUB 5.8 billion ($85.3 million), up 62% compared with Q1 2015, adjusted EBITDA margin of... More