Company News: Yandex N.V. (YNDX) Q1 results beat analysts’ expectations

Market news

27 April 2017

Company News: Yandex N.V. (YNDX) Q1 results beat analysts’ expectations

Yandex N.V. (YNDX) reported Q1 FY 2017 earnings of RUB11.41 per share (versus RUB9.81 in Q1 FY 2016), beating analysts' consensus estimate of RUB9.23.

The company's quarterly revenues amounted to RUB20.652 bln (+25.4% y/y), beating analysts' consensus estimate of RUB20.279 bln.

YNDX rose to $25.65 (+3.18%) in pre-market trading.

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