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October 30, 2012 05:04 pm GMT
Revenues at Yandex, the Russian search engine which dwarfs Google in that territory, have rise by 41% year-on-year in its Q3 2012 financial results. Last quarter Yandex reported a 50 percent increase in revenue, and an increase in profit of 76 percent compared with Q2 2011.Today the company reported revenues of RUR 7.3 billion ($235.2 million), which were up some 41% quarter on quarter with last year. Operating income was up to $82.3 million, or 43% year-on-year. Profit for the third quarter was RUR 2.3 billion ($74.2 million).
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/6lr8vxTN-uI/
Yandex Reports Revenues Up 43% To $235.2M Year-On-Year For Q3 2012, Boosting Its Expansion Plans
Revenues at Yandex, the Russian search engine which dwarfs Google in that territory, have rise by 41% year-on-year in its Q3 2012 financial results. Last quarter Yandex reported a 50 percent increase in revenue, and an increase in profit of 76 percent compared with Q2 2011.Today the company reported revenues of RUR 7.3 billion ($235.2 million), which were up some 41% quarter on quarter with last year. Operating income was up to $82.3 million, or 43% year-on-year. Profit for the third quarter was RUR 2.3 billion ($74.2 million).Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/6lr8vxTN-uI/
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