Yandex Announces Third Quarter 2020 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/2/2026
- Wall St set to snap three-day losing streak as stocks reclaim some shine
- Oil rises 1%, as US-Iran strikes risk limiting already impaired supplies
- Dell again lifts annual forecasts as AI demand powers record results
- Could Apple’s foldable iPhone be a $14B opportunity? Morgan Stanley weighs in
- Uber stock gains 2% as tech giant cuts 3,300 jobs in major restructuring
- GoPro to merge with Starman Optical in $285M recapitalization deal
- GoPro (GPRO) Halted, News Pending
- Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
- Crude Inventory Fell 4.5M Barrels Last Week - EIA
- TScan cuts 75% of workforce, pivots to solid tumor cell therapy
Yandex (YNDX) Tops Q3 EPS by 51c, Revenues Beat
October 28, 2020 6:15 AM EDTYandex (NASDAQ: YNDX) reported Q3 EPS of $0.77, $0.51 better than the analyst estimate of $0.26. Revenue for the quarter came in at $732.1 million versus the consensus estimate of $725.44 million.
The third quarter turned out to be better for us than initially expected, with many businesses demonstrating recovery both in terms of revenue growth and profitability, said Tigran Khudaverdyan, Deputy Chief Executive Officer of Yandex. With Yandex.Market back under our full operating control, we have increased our focus on deepening its integration with Yandex to further... More
