Yandex N.V. (YNDX) reported Q1 FY 2020 earnings of RUB15.53 per share (versus RUB16.35 per share in Q1 FY 2019), missing analysts' consensus estimate of RUB20.55 per share.

The company's quarterly revenues amounted to RUB47.003 bln (+26.1% y/y), generally in line with analysts' consensus estimate of RUB47.256 bln.

The company also noted that "the extent to which the COVID-19 crisis impacts the Company's results will depend on future developments, which are highly uncertain and cannot be predicted."

YNDX rose to $37.50 (+1.46%) in pre-market trading.