Russia's Yandex reports 32% rise in Q3 revenue
The logo of Russian technology giant Yandex is on display at the company's headquarters in Moscow, Russia December 9, 2022. REUTERS/Evgenia Novozhenina
MOSCOW :Russia's largest internet-company Yandex reported a 32 per cent 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 per cent to 78.1 billion roubles, while adjusted net profit was up by 78 per cent to 44.7 billion roubles, Yandex said.
($1 = 81.3000 roubles)
Source: Reuters
