Company News: Yandex N.V. (YNDX) quarterly earnings miss analysts' estimate

Market news

15 February 2019

Company News: Yandex N.V. (YNDX) quarterly earnings miss analysts' estimate

Yandex N.V. (YNDX) reported Q4 FY 2018 earnings of RUB20.95 per share (versus RUB15.85 in Q4 FY 2017), missing analysts’ consensus estimate of RUB23.46.

The company’s quarterly revenues amounted to RUB38.842 bln (+39.4% y/y), beating analysts’ consensus estimate of RUB37.445 bln.

YNDX rose to $34.50 (+0.26%) in pre-market trading.

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