Tag Archives: yndx

Yandex Q2 Revenue Beat; Ad Sales, Search Queries Up

Yandex (YNDX) stock rose Tuesday after Russia’s Internet search leader posted second-quarter sales that topped analyst expectations and affirmed its full-year guidance. Yandex said its sales rose 32% to 12.2 billion Russian rubles ($362 million) in the June quarter. Analysts polled by Thomson Reuters expected $358 million in revenue. Its adjusted net income of 3.3 billion Russian rubles ($98.7 million) rose 9% from the year-earlier quarter. “Our

Yandex Partners With Google On Ad-Bidding Software

Russian search leader Yandex (YNDX) and Google (GOOG) have partnered to integrate Google’s real-time-bidding ad software into Yandex’s ad-bidding platform, a move Yandex calls “mutually beneficial.” Yandex is the No. 1 search engine in Russia, one of only a few countries where Google doesn’t hold the top spot. Google’s a distant No. 2 in Russia. Google’s DoubleClick Bid Manager and its Demand-Side Platform will be connected to Yandex’s

Yandex Revenue Expected To Have Soared in Q4

Yandex (YNDX) is expected to post year-over-year revenue growth of 42% when it reports its Q4 earnings after the market close Thursday, as the company continues to lead Google (GOOG) in Russia’s online search market. Yandex is expected to post sales of $356.4 million, according to analysts polled by Thomson Reuters. In local currency, analysts expect the Russian search leader to report revenue of 12.54 billion Russian rubles. Yandex uses the