Yandex Announces First Quarter 2019 Financial Results

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Go back to Yandex Announces First Quarter 2019 Financial Results

Yandex (YNDX) Misses Q1 EPS by 10c, Revenues Miss

April 25, 2019 6:06 AM EDT

Yandex (NASDAQ: YNDX) reported Q1 EPS of $0.16, $0.10 worse than the analyst estimate of $0.26. Revenue for the quarter came in at $576 million versus the consensus estimate of $613.15 million.

Q1 2019 consolidated financial results

Revenues of RUB 37.3 billion ($576.0 million), up 40% compared with Q1 2018Net income of RUB 3.1 billion ($48.3 million), up 69% compared with Q1 2018; net income margin of 8.4%Adjusted net income of RUB 5.4 billion ($84.0 million), up 36% compared with Q1 2018; adjusted net income margin of 14.6%Adjusted EBITDA of RUB 10.8 billion ($166.3 million), up 40% compared with Q1 2018; adjusted EBITDA margin of 28.9%

Q1 2019 financial results excluding... More