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

Market news

25 April 2019

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

Yandex N.V. (YNDX) reported Q1 FY 2019 earnings of RUB16.35 per share (versus RUB11.96 in Q1 FY 2018), missing analysts’ consensus of RUB16.70.

The company’s quarterly revenues amounted to RUB37.284 bln (+40.3% y/y), beating analysts’ consensus estimate of RUB36.032 bln.

YNDX rose to $38.37 (+1.99%) in pre-market trading.

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