Yandex posts 4Q profit

SCHIPHOL, Netherlands (AP) _ Yandex NV (YNDX) on Thursday reported fourth-quarter earnings of $20.2 million.

On a per-share basis, the Schiphol, Netherlands-based company said it had net income of 6 cents. Earnings, adjusted for non-recurring costs and stock option expense, were 16 cents per share.

The Russian search engine posted revenue of $364.7 million in the period.

For the year, the company reported profit of $112 million, or 34 cents per share. Revenue was reported as $1.25 billion.

Yandex shares have climbed 16 percent since the beginning of the year. The stock has increased 72 percent in the last 12 months.


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Keywords: Yandex, Earnings Report