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Yandex revenues flat, EBITDA down in Q2 as ad market slows

Wednesday 29 July 2020 | 08:29 CET | News
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Russian internet search engine Yandex said revenues totaled RUB 41.407 billion in the second quarter, unchanged year-on-year. The adjusted EBITDA amounted to RUB 8.485 billion, down by 23 percent. The net result went to a loss of RUB 3.658 billion from a profit of 3.563 billion.     

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Categories: Internet
Companies: Yandex
Countries: Russian Federation
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