• Company News: Yandex N.V. (YNDX) Q2 earnings miss analysts’ forecast

Market news

26 July 2018

Company News: Yandex N.V. (YNDX) Q2 earnings miss analysts’ forecast

Yandex N.V. (YNDX) reported Q2 FY 2018 earnings of RUB15.11 per share (versus RUB12.12 in Q2 FY 2017), missing analysts' consensus estimate of RUB15.36.

The company's quarterly revenues amounted to RUB29.350 bln (+38.8% y/y), beating analysts' consensus estimate of RUB28.857 bln.

YNDX rose to $39.05 (+1.11%) in pre-market trading.

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