Ron Burgundy Posted October 23, 2014 Share Posted October 23, 2014 MOSCOW (Reuters) - Russia's biggest search engine Yandex said on Thursday it expected revenues to rise by 27 to 30 percent this year, compared to its previous forecast for 25-30 percent growth. The company's third-quarter revenues increased 28 percent, year-on-year, to 13.1 billion roubles ($314.5 million), it said in a statement. Net profit came in at 4.4 billion roubles, including a 1.4 billion rouble net foreign exchange gain. That was down 12 percent from a year ago when Yandex recognized a 2 billion rouble gain after the sale of a 75 percent stake in Yandex.Money to Sberbank . ... View the full article Quote Link to comment Share on other sites More sharing options...
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