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2021-10-27

EQS-News: Yandex Announces Third Quarter 2021 Financial Results

EquityStory.RS, LLC-News: Yandex N.V. / Key word(s): Quarter Results/Quarter Results
Yandex Announces Third Quarter 2021 Financial Results

27.10.2021 / 13:00 MSK
The issuer is solely responsible for the content of this announcement.


Yandex Announces Third Quarter 2021 Financial Results

 

MOSCOW and AMSTERDAM, the Netherlands, October 27, 2021 -- Yandex (NASDAQ and MOEX: YNDX), one of Europe's largest internet companies and the leading search and ride-hailing provider in Russia, today announced its unaudited financial results for the third quarter ended September 30, 2021

 

Q3 2021 Financial and Operational Highlights 1,2

 

 

 

 

 

 

In RUB millions

 

Three months ended September 30, 

 

 

2020

2021

Change

 

Total Revenues

 59,882

 91,305

52%

Total Group on a

Online Ad Revenues

 33,598

 42,605

27%

like-for-like basis

Online Ad Revenues Ex-TAC

 29,042

 35,730

23%

including

Total Adjusted EBITDA

 14,847

 5,622

-62%

 Yandex.Market

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