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

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

Yandex Announces First Quarter 2020 Financial Results

April 28, 2020 5:59 AM EDT

MOSCOW and AMSTERDAM, the Netherlands, April 28, 2020 (GLOBE NEWSWIRE) -- Yandex (NASDAQ and MOEX: 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, 2020.

Q1 2020 Financial Highlights(1)(2)

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 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... More