Yandex (YNDX) Misses Q2 EPS by 20c, Revenues Beat

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Yandex Announces Second Quarter 2020 Financial Results

July 28, 2020 6:01 AM EDT

MOSCOW and AMSTERDAM, the Netherlands, July 28, 2020 (GLOBE NEWSWIRE) -- Yandex (NASDAQ and MOEX: YNDX), one of Europe's largest internet companies and the leading search and ride-hailing provider in Russia, today announced its unaudited financial results for the second quarter ended June 30, 2020.

Q2 2020 Financial Highlights (1)

Q2 2020 consolidated financial results

Revenues of RUB 41.4 billion ($591.9 million), in line with Q2 2019Net loss of RUB 3.7 billion ($52.3 million), down 203% compared with net income of RUB 3.6 billion in Q2 2019; net loss margin of... More