Yandex Reports 32% Revenue Growth in Q3

Reported about 20 hours ago

Yandex, Russia's largest internet company, has announced a 32% increase in its third-quarter revenue, reaching 366.1 billion roubles ($4.50 billion). For the first time, its revenue for the first nine months has surpassed 1 trillion roubles. The company's adjusted EBITDA rose by 43% to 78.1 billion roubles, while its adjusted net profit saw a significant increase of 78% to 44.7 billion roubles.

Source: YAHOO

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