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Yandex: Q4 Earnings Snapshot

Associated Press Finance
·1-min read

SCHIPHOL, Netherlands (AP) — SCHIPHOL, Netherlands (AP) — Yandex NV (YNDX) on Thursday reported a loss of $70.5 million in its fourth quarter.

The Schiphol, Netherlands-based company said it had a loss of 19 cents per share. Earnings, adjusted for non-recurring costs, were 34 cents per share.

The Russian search engine posted revenue of $2.78 billion in the period.

For the year, the company reported profit of $221.5 million, or 59 cents per share. Revenue was reported as $8.92 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on YNDX at https://www.zacks.com/ap/YNDX