Yandex (YNDX) Tops Q1 EPS by 24c

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Go back to Yandex (YNDX) Tops Q1 EPS by 24c

Yandex Announces First Quarter 2014 Financial Results

April 24, 2014 6:00 AM EDT

MOSCOW and AMSTERDAM, Netherlands, April 24, 2014 (GLOBE NEWSWIRE) -- Yandex (Nasdaq: YNDX), one of Europe's largest internet companies and the leading search provider in Russia, today announced its financial results for the first quarter ended March 31, 2014.

Q1 2014 Financial Highlights(1)(2)

Revenues of RUR 10.9 billion ($305.0 million), up 36% compared with Q1 2013 (and up 39% excluding the impact of Yandex.Money) Ex-TAC revenues (excluding traffic acquisition costs) up 24% compared with Q1 2013 (and up 28% excluding the impact of Yandex.Money) Income from operations of RUR 2.7 billion ($76.1... More