Yandex Booms: Revenues Up 65%, Net Income Up 93% Year-Over-Year

Russian online search and advertising juggernaut Yandex this morning reported solid quarterly earnings, showing off increases in both revenues and net income, compared to 2010. The company, which raised over $1.4 billion in a NASDAQ IPO earlier this year, reported revenues of RUR 5.2 billion ($161.9 million), up 65 percent compared with Q3 2010.

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