Yandex (YNDX) Misses Q3 EPS by 4c, Revenues Beat

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Yandex Announces Third Quarter 2018 Financial Results

October 29, 2018 6:00 AM EDT

MOSCOW and AMSTERDAM, the Netherlands, Oct. 29, 2018 (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, 2018.

Q3 2018 Financial Highlights(1)(2)(3)

Q3 2018 consolidated financial results

Revenues of RUB 32.6 billion ($496.6 million), up 39% compared with Q3 2017Net income of RUB 4.8 billion ($72.7 million), up 459% compared with Q3 2017; net income margin of 14.6%Adjusted net income of RUB 6.1 billion ($93.0 million), up... More