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RSS FeedsYandex Announces First Quarter 2017 Financial Results
(WorldNews Netherlands)

 
 

27 april 2017 13:48:44

 
Yandex Announces First Quarter 2017 Financial Results
(WorldNews Netherlands)
 


April 27, 2017 Webcast MOSCOW, Russia and AMSTERDAM, the Netherlands, April 27, 2017 (GLOBE NEWSWIRE) -- Yandex (NASDAQ:YNDX), one of Europe`s largest internet companies and the leading search provider in Russia, today announced its unaudited financial results for the first quarter ended March 31, 2017. Q1 2017 Financial Highlights(1)(2) Revenues of RUB 20.7 billion ($366.3 million), up 25% compared with Q1 2016 Net income of RUB 0.8 billion ($14.5 million), down 23% compared with Q1 2016;net income margin of 4.0% Adjusted net income of RUB 3.7 billion ($66.5 million), up 18% compared with Q1 2016; adjusted net income margin of 18.2% Adjusted EBITDA of RUB 6.9 billion ($121.9 million), up...


 
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