Yandex N.V. Announces First Quarter 2024 Financial Results
AMSTERDAM, the Netherlands, April 26, 2024 -- Yandex N.V. (NASDAQ: YNDX), a Dutch public limited company, today announced its unaudited financial results for the first quarter ended March 31, 2024.
- Following the completion of the Sale, the group will consider changing the reporting currency from Russian ruble to US dollars.
- (2) The following measures presented in this release are “non-GAAP financial measures”: adjusted EBITDA/(loss), adjusted EBITDA/(loss) margin and adjusted net income/(loss).
- Upon completion of the proposed transaction, we intend to publish pro forma financial information for the Company and the retained businesses, giving effect to the divestment.
- The following table provides a summary of our key consolidated financial results for the three months ended March 31, 2023 and 2024:
Three months ended March 31,