The logo of Russian technology giant Yandex is on display at the company's headquarters in Moscow, Russia December 9, 2022. REUTERS/Evgenia Novozhenina/File Photo
(Reuters) -Russian internet giant Yandex bounced back from a first-quarter net loss to report a 34% year-on-year rise in second-quarter adjusted net profit to 30.4 billion roubles ($374.61 million), the company said on Tuesday.
Following a lengthy split from its Nasdaq-listed Dutch parent company in 2024, Yandex, which had always prioritised growth over dividends, announced a year ago that it would pay dividends for the first time.
