MOSCOW (Reuters) -Russia’s largest internet-company Yandex reported a 32% increase in third-quarter revenue to 366.1 billion roubles ($4.50 billion), with its 9 months revenue exceeding 1 trillion roubles for the first time. Adjusted earnings before interest, tax, depreciation and amortisation, grew by 43% to 78.1 billion roubles, while adjusted net profit was up by 78% […]
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Russia’s Yandex reports 32% rise in Q3 revenue
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MOSCOW (Reuters) -Russia’s largest internet-company Yandex reported a 32% increase in third-quarter revenue to 366.1 billion roubles ($4.50 billion), with its 9 months revenue exceeding 1 trillion roubles for the first time.
Adjusted earnings before interest, tax, depreciation and amortisation, grew by 43% to 78.1 billion roubles, while adjusted net profit was up by 78% to 44.7 billion roubles, Yandex said.
($1 = 81.3000 roubles)
(Reporting by Gleb Stolyarov; Editing by Guy Faulconbridge)