Yandex Announces Third Quarter 2018 Financial Results
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Yandex (YNDX) Misses Q3 EPS by 4c, Revenues Beat
October 29, 2018 6:11 AM EDTYandex (NASDAQ: YNDX) reported Q3 EPS of $0.23, $0.04 worse than the analyst estimate of $0.27. Revenue for the quarter came in at $496.6 million versus the consensus estimate of $470.6 million.
Q3 2018 Financial Highlights(1)(2)(3)
Q3 2018 consolidated financial resultsRevenues of RUB 32.6 billion ($496.6 million), up 39% compared with Q3 2017Net income of RUB 4.8 billion ($72.7 million), up 459% compared with Q3 2017; net income margin of 14.6%Adjusted net income of RUB 6.1 billion ($93.0 million), up 157% compared with Q3 2017; adjusted net income margin of 18.7%Adjusted EBITDA of RUB 10.7 billion ($163.5 million), up 88% compared with Q3 2017; adjusted EBITDA margin of... More