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Yandex NV (YNDX.OQ)

YNDX.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Avtovaz, Yandex to cooperate in integration of internet services into vehicles
Wednesday, 15 Mar 2017 05:05am EDT 

Avtovaz : Signs memorandum of intent with Yandex LLC to jointly develop multimedia systems, including information and entertainment and navigation services . The memorandum includes cooperation in telematics services, connected cars (Connected Car - a car connected to the network) and multimedia systems . Yandex plans to participate in creating the multimedia system of Avtovaz at the level of adaptation of its services . Avtovaz, in turn, plans to install multimedia systems with Yandex services to the main part of LADA cars .The companies expect to conclude a strategic partnership agreement by Dec. 31.  Full Article

Russia's Yandex sees 2017 revenue rising 16-19 pct
Thursday, 16 Feb 2017 06:00am EST 

Yandex NV says: Expects consolidated revenue to grow in the range of 16 percent to 19 percent in the full year 2017 vs. 2016. . FY 2016 revenue totalled 75.9 billion roubles ($1.33 billion), up 27 percent vs. 2015 (guidance: 22-24 pct). . Q4 2016 revenues at 22.1 billion roubles, up 22 percent compared with Q4 2015. . Q4 net income at 1.2 billion roubles, down 57 percent year-on-year. . Q4 adjusted net income at 3.2 billion roubles, down 11 percent year-on-year. . Q4 adjusted EBITDA at 6.7 billion roubles, up 2 percent year-on-year, with adjusted EBITDA margin of 30.3 percent. . Cash, cash equivalents, term deposits and short-term investments in debt securities stood at 63.0 billion roubles as of Dec. 31, 2016. . Share of Russian search market, including mobile, averaged 55.4 pct in Q4 2016 compared to 55.9 pct in Q3 2016. Further company coverage: [YNDX.O] ($1 = 57.2240 roubles) (Reporting by Moscow Newsroom) ((moscow.newsroom@thomsonreuters.com)).  Full Article

Yandex launches global partnership program for android handset manufacturers, telecom operators
Wednesday, 12 Oct 2016 06:00am EDT 

Yandex Nv : Yandex says launch of its global partnership program for android handset manufacturers and telecom operators . Yandex says partners will preinstall its proprietary products, Yandex browser and Yandex launcher .Yandex says first round of Yandex partners includes Fly, Lava, Mobile Telesystems, Multilaser, Posh Mobile, Wileyfox and ZTE.  Full Article

Russia's Yandex raises revenue growth forecast to 19-22 pсt in 2016
Thursday, 28 Jul 2016 06:00am EDT 

Yandex NV says: Raises 2016 revenue growth forecast to 19-22 percent from 15-19 percent seen previously; . Q2 revenues rise 30 percent year-on-year to 18 billion roubles ($271.6 million); . Q2 net income rises to 2.06 billion roubles from 423 million roubles in Q2 2015; . Q2 adjusted net income up 40 percent year-on-year at 3.9 billion roubles; .Q2 adjusted EBITDA up 40 percent year-on-year to 6.8 billion roubles..  Full Article

Yandex NV gives FY 2016 revenue guidance
Tuesday, 16 Feb 2016 06:00am EST 

Yandex NV:Expects ruble-based revenue to grow in range of 12% to 18% in FY 2016 compared with FY 2015.  Full Article

Yandex NV gives FY 2015 revenue guidance
Thursday, 30 Jul 2015 06:00am EDT 

Yandex NV:Expects FY 2015 revenue to grow in the range of 11% to 13% in 2015 compared with 2014.  Full Article

Yandex NV comments on Q2 2015 revenue guidance
Tuesday, 28 Apr 2015 06:00am EDT 

Yandex NV:Sees Q2 2015 revenue to grow in the range of 9 pct. to 12 pct. compared with Q2 2014.  Full Article

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BRIEF-Russia's Yandex sees 2017 revenue rising 16-19 pct

* Expects consolidated revenue to grow in the range of 16 percent to 19 percent in the full year 2017 vs. 2016.