Yandex (YNDX) Reports Q2 Revenues Above Consensus
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Yandex Announces Second Quarter 2019 Financial Results
July 26, 2019 6:00 AM EDTMOSCOW and AMSTERDAM, the Netherlands, July 26, 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 second quarter ended June 30, 2019.
Q2 2019 Financial Highlights(1)(2)(3)
Q2 2019 consolidated financial results
Revenues of RUB 41.4 billion ($656.3 million), up 40% compared with Q2 2018Net income of RUBÂ 3.4 billion ($54.2 million), down 90% compared with Q2 2018; net income margin of 8.3%Adjusted net income of RUBÂ 5.8 billion ($92.3 million), up 16%... More