Previous close | 18.94 |
Open | 23.94 |
Bid | 0.00 x 800 |
Ask | 0.00 x 1100 |
Day's range | 17.83 - 24.05 |
52-week range | 14.11 - 87.11 |
Volume | |
Avg. volume | 0 |
Market cap | 6.797B |
Beta (5Y monthly) | 1.26 |
PE ratio (TTM) | N/A |
EPS (TTM) | -1.26 |
Earnings date | 25 Oct 2022 - 31 Oct 2022 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 6,131.81 |
MOSCOW (Reuters) -Russian internet giant Yandex reported on Tuesday a jump in second-quarter revenue and profit, saying efforts to save cash had helped it weather external challenges and that investments may accelerate in the coming quarters. Like all Russian companies, Yandex has had to contend with the fallout from Moscow's decision to send troops into Ukraine on Feb. 24, and although Yandex itself has not been targeted with Western sanctions, it has faced problems as a result. Trading in Yandex's Nasdaq-listed shares was suspended in February, and it withdrew full-year financial guidance in April, while the management team has had to grapple with personnel changes at senior level.
"Sometimes it feel as if we're beating ourselves up on a regular basis, maybe a little bit more than we should. ... "
Volozh, who co-founded the Yandex search engine in 1997, was put under EU sanctions on Friday after the bloc accused him of "materially or financially" supporting Russia, which sent tens of thousands of troops into Ukraine on Feb. 24. Volozh said he considered the European Commission's decision "misguided", but added that while sanctions were in place he was transferring his voting power to the company's board. Yandex itself is not subject to EU sanctions.