Russia's Yandex reports 32% rise in Q3 revenue

The logo of Russian technology giant Yandex is on display at the company's headquarters in Moscow, Russia December 9, 2022. REUTERS/Evgenia Novozhenina

MOSCOW (Reuters) -Russia's largest internet-company Yandex reported a 32% increase in third-quarter revenue to 366.1 billion roubles ($4.50 billion), with its 9 months revenue exceeding 1 trillion roubles for the first time.

Adjusted earnings before interest, tax, depreciation and amortisation, grew by 43% to 78.1 billion roubles, while adjusted net profit was up by 78% to 44.7 billion roubles, Yandex said.