Yandex Q3 Revenue Up 12 Percent
Russia internet giant Yandex reported a 12 percent rise in third-quarter revenue to 411 billion roubles. However, the company withdrew its 2026 forecast following recent attacks on its data centres that created financial uncertainty.
Russia's dominant internet platform Yandex reported third-quarter revenue rose 12% to 411 billion roubles ($5.11 billion) on Thursday morning. The growth follows a strong quarter for adjusted EBITDA, which climbed 12% to 88 billion roubles. The results underscore robust underlying demand before operational disruptions clouded the firm's forward outlook.
