www.reuters.com/article/idUSL8N1CX4EC
Oct 27 Yandex NV says:
* Sees 2016 revenue rising 22-24 percent, previously forecast growth of 19-22 percent;
* Q3 revenues rose 25 percent year-on-year to 19.3 billion roubles ($306.3 million);
* Share in the Russian search market, including mobile, averaged 55.9 percent in Q3 compared to 57.0 percent in Q2, according to LiveInternet;
* Q3 adjusted EBITDA (earnings before interest, taxation, depreciation and amortisation) increased 14 percent year-on-year to 6.9 billion roubles;
* Q3 net profit at 2.4 billion roubles, down 43 percent year-on-year mainly due to a foreign exchange loss and an increase in sales, general and administrative costs which grew faster than total revenue;
* Foreign exchange loss in Q3 was 432 million roubles;
* Q3 adjusted net profit at 3.8 billion roubles, up 8 percent year-on-year;
* Cash and cash equivalents stood at 66.2 billion roubles as of Sept. 30, 2016;
* "Revenue and EBITDA continued to grow strongly in Q3, boosted by innovation on our advertising platform. -.......