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EarningsEurope

Yandex Reports 12% Q3 Revenue Growth, Withdraws 2026 Forecast After Attacks

· 25h ago · Originally reported by Euronext Markets: Real-time Stock Market Data | live

Yandex, a major Russian technology company, announced a 12% increase in its third-quarter revenue. However, the company has withdrawn its financial forecast for 2026 following recent attacks, signaling uncertainty about future performance.

Why it matters

Yandex is a key player in Russia's digital advertising and search markets. Changes in its financial outlook can impact the broader ad tech ecosystem and investor confidence in the region.

Explain it like I’m new here

It's like a big online company made more money this summer, but now they're unsure about next year because of some trouble.

Read the original at Euronext Markets: Real-time Stock Market Data | live

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