Yandex N.V.reported Q2 FY 2016 earnings of RUB 12.05 per share (versus RUB 8.63 in Q2 FY 2015), beating analysts’ consensus estimate of RUB 9.26.

The company’s quarterly revenues amounted to RUB 18.040 bln (+29.6% y/y), beating analysts’ consensus estimate of RUB 17.611 bln.

YNDX rose to $22.38 (+3.09%) in pre-market trading.

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