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Yandex NV (YNDX.OQ)

YNDX.OQ on NASDAQ Stock Exchange Global Select Market

28.01USD
14 Dec 2018
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$0.00 (+0.00%)
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Latest Key Developments (Source: Significant Developments)

Sberbank, Yandex Complete Deal For Yandex.Market JV
Friday, 27 Apr 2018 11:45am EDT 

April 27 (Reuters) - Yandex NV ::SBERBANK AND YANDEX COMPLETE DEAL FOR YANDEX.MARKET JOINT VENTURE.  Full Article

Yandex Q1 revenue up 29 pct to $464.0 mln
Wednesday, 25 Apr 2018 06:06am EDT 

Moscow, April 25 (Reuters) - Russia's top search site Yandex says::Q1 revenue rose 29 percent to $464.0 million, up 29 percent year-on-year;.Q1 net income at $32.3 million, up 126 percent year-on-year;.Q1 adjusted EBITDA at $134.5 million, up 12 percent year-on-year, adjusted EBITDA margin of 29 percent;.expects consolidated rouble-based revenue to grow in the range of 28 percent to 32 percent in 2018, year-on-year..  Full Article

Yandex Announces First Quarter 2018 Financial Results
Wednesday, 25 Apr 2018 06:00am EDT 

April 25 (Reuters) - Yandex NV ::YANDEX ANNOUNCES FIRST QUARTER 2018 FINANCIAL RESULTS.Q1 REVENUE RUB 26.6 BILLION VERSUS I/B/E/S VIEW RUB 25.98 BILLION.YANDEX - QTRLY NET INCOME OF RUB 1.9 BILLION ($32.3 MILLION), UP 126% COMPARED WITH Q1 2017.SAYS REVENUES $464.0 MILLION, UP 29% COMPARED WITH Q1 2017.REVENUES OF RUB 26.6 BILLION ($464.0 MILLION), UP 29% COMPARED WITH Q1 2017.YANDEX - QTRLY ADJUSTED NET INCOME OF RUB 4.0 BILLION ($70.0 MILLION), UP 7% COMPARED WITH Q1 2017.YANDEX QTRLY NET INCOME PER CLASS A AND CLASS B SHARE DILUTED RUB 7.10.YANDEX - CURRENTLY EXPECT CONSOLIDATED RUBLE-BASED REVENUE TO GROW IN THE RANGE OF 28% TO 32% FOR THE FULL YEAR 2018 COMPARED WITH 2017.YANDEX - EXPECT SEARCH AND PORTAL RUBLE-BASED REVENUE GROWTH TO BE IN THE RANGE OF 19% TO 21% IN THE FULL YEAR 2018 COMPARED WITH 2017.  Full Article

Russia's Yandex posts 189 pct jump in Q4 net profit
Thursday, 15 Feb 2018 06:40am EST 

Feb 15 (Reuters) - Yandex NV says::Q4 net profit at 3.5 billion roubles ($61.59 million), up 189 percent year on year.Q4 adjusted net profit at 5.2 billion roubles, up 62 percent year on year.Q4 revenues at 27.9 billion roubles, up 26 percent year on year.Q4 adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) at 9.3 billion roubles, up 39 percent year on year.FY 2017 revenue rose 24 percent year on year to 94.1 billion roubles (company growth guidance: 22-23 pct)."We expect our consolidated rouble-based revenue to grow in the range of 25 percent to 30 percent in the full year 2018 compared with 2017. This outlook implies consolidation of Yandex.Taxi with Uber's operations in Russia and neighbouring countries starting from Feb. 7, 2018, but excludes the effect of potential deconsolidation of Yandex.Market."."We expect our Search and Portal rouble-based revenue to grow in the range of 18 percent to 20 percent in the full year 2018 compared with 2017." .  Full Article

Yandex Q4 Revenue Up 26 Percent To RUB 27.9 Bln
Thursday, 15 Feb 2018 06:40am EST 

Feb 15 (Reuters) - Yandex Nv ::YANDEX ANNOUNCES FOURTH QUARTER AND FULL-YEAR 2017 FINANCIAL RESULTS.Q4 REVENUE ROSE 26 PERCENT TO RUB 27.9 BILLION.QTRLY ‍NET INCOME OF RUB 3.5 BILLION ($60.8 MILLION), UP 189% COMPARED WITH Q4 2016​.QTRLY ADJUSTED NET INCOME OF RUB 5.2 BILLION ($91.1 MILLION), UP 62% COMPARED WITH Q4 2016​.SAYS ‍EXPECT CONSOLIDATED RUBLE-BASED REVENUE TO GROW IN RANGE OF 25% TO 30% IN FULL YEAR 2018 COMPARED WITH 2017​.QTRLY ‍NET INCOME PER CLASS A AND CLASS B SHARE $0.18​.  Full Article

Russia's Yandex pushes back completion of deal with Uber
Wednesday, 31 Jan 2018 03:00am EST 

Jan 31 (Reuters) - Russian tech company Yandex says::The combination of Yandex's ride-sharing business with Uber in Russia and several other markets is expected to complete in first half of February 2018..Yandex said previously the companies aimed to close the deal in January 2018. nL8N1NU1ZH.The parties are currently finalising preparations for closing the deal, Yandex said in a Wednesday statement.​.  Full Article

‍Yandex, Sberbank enter into agreement for Yandex.Market joint venture​
Wednesday, 13 Dec 2017 03:00am EST 

Dec 13 (Reuters) - Yandex ::‍YANDEX AND SBERBANK ENTER INTO BINDING AGREEMENT FOR YANDEX.MARKET JOINT VENTURE​.SAYS SBERBANK WILL SUBSCRIBE FOR NEW SHARES IN YANDEX.MARKET FOR 30 BILLION RUBLES (APPROXIMATELY $500 MILLION), VALUING IT AT 60 BILLION RUBLES.‍YANDEX.MARKET WILL CONTINUE TO OPERATE UNDER CURRENT MANAGEMENT TEAM LED BY MAXIM GRISHAKOV, ITS CHIEF EXECUTIVE OFFICER​.TRANSACTION ‍IS EXPECTED TO CLOSE IN FIRST HALF OF 2018.TWO PARTNERS WILL OWN EQUAL STAKES IN YANDEX.MARKET​.  Full Article

Russia's Yandex says Alexander Shulgin leaves company
Wednesday, 22 Nov 2017 04:45am EST 

Nov 22 (Reuters) - Yandex N.V. says::Greg Abovsky has been appointed Chief Operating Officer of Yandex, effective Dec. 1, 2017..Abovsky will succeed Alexander Shulgin, current COO, who has decided to leave the company..Abovsky will continue acting in his current role as the company's Chief Financial Officer..Arkady Volozh will remain Chief Executive Officer of Yandex N.V. .  Full Article

Yandex announces third quarter 2017 financial results
Tuesday, 24 Oct 2017 06:00am EDT 

Oct 24 (Reuters) - Yandex NV :Yandex announces third quarter 2017 financial results.Q3 revenue RUB 23.4 billion versus I/B/E/S view RUB 23.45 billion.Yandex - qtrly net income per Class A and Class B share RUB 7.47 ‍​.Yandex - ‍raising revenue growth outlook for calendar year 2017​.Yandex - ‍currently expect ruble-based revenue to grow 22% to 23% for full year 2017​.  Full Article

Russia's Yandex says Sberbank to invest about $500 mln into Yandex.market
Wednesday, 9 Aug 2017 03:00am EDT 

Aug 9 (Reuters) - Yandex :Yandex and Sberbank join forces to boost ecommerce development.Russia's Yandex says Sberbank to invest 30 billion roubles (approximately $500m) into yandex.market.Non-Binding term sheet provides that sberbank would invest 30 billion rubles into Yandex.Russia's Yandex says two partners will own equal stakes in joint venture.Yandex.market will continue to operate under current management team.Market, valuing it at 60 billion rubles (about $1b) on a post-money basis, before taking into account any potential future synergies.Russia's Yandex says parties anticipate that transaction will close by end of 2017.Up to ten percent of company's shares will be allocated for an equity incentive pool for Yandex.market management and employees..Yandex.market will continue to operate under current management team led by maxim grishakov.  Full Article

Russia's Yandex to launch ride-hailing service in Israel

MOSCOW, Nov 16 Russian internet firm Yandex's online taxi-hailing service plans to launch operations in Israel, which is dominated by local ride-hailing competitor Gett.