Yandex (YNDX) Tops Q2 EPS by 547c

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Go back to Yandex (YNDX) Tops Q2 EPS by 547c

Yandex Announces Second Quarter 2014 Financial Results

July 29, 2014 6:00 AM EDT

MOSCOW and AMSTERDAM, Netherlands, July 29, 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 second quarter ended June 30, 2014.

Q2 2014 Financial Highlights(1)(2)

Revenues of RUR 12.2 billion ($361.5 million), up 32% compared with Q2 2013 (and up 35% excluding the impact of Yandex.Money) Ex-TAC revenues (excluding traffic acquisition costs) up 23% compared with Q2 2013 (and up 26% excluding the impact of Yandex.Money) Income from operations of RUR 3.6 billion ($108.0... More