Yandex (YNDX) Reports Q4 Revenues Above Consensus

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Go back to Yandex (YNDX) Reports Q4 Revenues Above Consensus

Yandex Announces Fourth Quarter and Full-Year 2018 Financial Results

February 15, 2019 6:00 AM EST

MOSCOW and AMSTERDAM, the Netherlands, Feb. 15, 2019 (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 fourth quarter and the full year ended December 31, 2018.

Q4 2018 Financial Highlights(1)(2)(3)

Q4 2018 consolidated financial results

Revenues of RUB 38.8 billion ($559.1 million), up 39% compared with Q4 2017Net income of RUB 5.9 billion ($85.1 million), up 69% compared with Q4 2017; net income margin of 15.2%Adjusted net income... More