— Yandex (NASDAQ: YNDX) reported Q4 2019 earnings of RUB2.78 per share, or $0.04 per share.
— Revenues grew 33% to RUB51.7 billion, or $835.1 million.
— Net income fell 95% to RUB0.3 billion, or $4.5 million.
— Paid clicks on Yandex’s and its partners’ websites, in aggregate, increased 20% year-over-year.
— Average cost per click decreased 3% year-over-year.
— Total online advertising revenues increased 16% year-over-year to RUB34.3 billion.
— FY2020 revenues are expected to grow 22-26% to RUB214-221 billion.
— YNDX shares were down 1.2% in premarket hours on Friday.
Get access to timely and accurate verbatim transcripts that are published within hours of the event.
Most Popular
Palantir Technologies (PLTR) to start trading tomorrow through direct listing
The IPO market witnessed a boom in 2020, despite the pandemic weakening the macro environment. Many tech companies have witnessed a blockbuster listing this year and few more tech firms
Micron (MU) Q4 earnings, revenue top expectations
Micron Technology Inc. (NASDAQ: MU) reported strong earnings and revenue growth for the fourth quarter of 2020, benefitting from the pandemic-driven digital transformation spree. However, the company's stock dropped during
After a strong year thus far, Zynga (ZNGA) appears well-positioned for 2021 as well
Mobile game company Zynga Inc. (NASDAQ: ZNGA) has seen its stock gain 49% since the beginning of this year. The company registered strong results in the first half of 2020