Russia’s Yandex adjusted US GAAP net profit grows 40% in April–June
MOSCOW, Jul 28 (PRIME) -- The adjusted net income of Russian Internet giant Yandex increased 40% on the year to 3.906 billion rubles in April–June, as calculated under the U.S. GAAP standards, the company said Thursday in a report.
The consolidated revenue rose 30% to 18.04 billion rubles.
Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) soared 40% to 6.762 billion rubles and the adjusted EBITDA margin was 37.5%.
(65.9467 rubles – U.S. $1)
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28.07.2016 13:25