Yandex Announces First Quarter 2020 Financial Results

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Yandex (YNDX) Reports Q1 EPS of $0.22 on Revenues of $604.7M

April 28, 2020 6:02 AM EDT

Yandex (NASDAQ: YNDX) reported Q1 EPS of $0.22. Revenue for the quarter came in at $604.7 million.

Q1 2020 consolidated financial results

Revenues of RUB 47.0 billion ($604.7 million), up 26% compared with Q1 2019
Net income of RUB 5.5 billion ($70.7 million), up 76% compared with Q1 2019; net income margin of 11.7%
Adjusted net income of RUB 5.1 billion ($66.2 million), down 5% compared with Q1 2019; adjusted net income margin of 11.0%
Adjusted EBITDA of RUB 12.1 billion ($156.3 million), up 13% compared with Q1 2019; adjusted EBITDA margin of 25.8%

Q1 2020 consolidated financial results

Revenues of RUB 47.0 billion ($604.7 million), up 26% compared with Q1 2019Net income of RUB 5.5... More