— 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
IPO Alert: What to look for when Boundless Bio goes public
Boundless Bio is preparing to debut on the Nasdaq stock market this week, and become the latest addition to the list of biotech firms that have launched IPOs this year.
Nike (NKE) bets on innovation and partnerships to return to high growth
Sneaker giant Nike, Inc. (NYSE: NKE) has been going through a rough patch for some time, with sales coming under pressure from weak demand and rising competition. Post-pandemic, the company
Walgreens Boots Alliance set to report earnings next week. Here’s what to expect
Walgreens Boots Alliance, Inc. (NASDAQ: WBA), the drug store chain that is expanding into a diversified healthcare provider, is on a restructuring drive aimed at better aligning the business with