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

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

Yandex Announces First Quarter 2019 Financial Results

April 25, 2019 6:01 AM EDT

MOSCOW and AMSTERDAM, the Netherlands, April 25, 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 first quarter ended March 31, 2019.

Q1 2019 Financial Highlights(1)(2)(3)

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%... More