Company News: Yandex N.V. (YNDX) Q3 financials beat analysts’ estimates

Market news

27 October 2016

Company News: Yandex N.V. (YNDX) Q3 financials beat analysts’ estimates

Yandex N.V. reported Q3 FY 2016 earnings of RUB11.64 per share (versus RUB10.89 in Q3 FY 2015), beating analysts' consensus estimate of RUB10.51.

The company's quarterly revenues amounted to RUB19.293 bln (+25% y/y), beating analysts' consensus estimate of RUB18.755 bln.

YNDX rose to $19.78 (+4.38%) in pre-market trading.

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