Translated with AI from the Russian original.

October 29, 2024. MCPAO Yandex (MOEX: YDEX), a leading privately owned IT company that builds and develops world-class services and technologies for users and businesses, announces its unaudited financial results for the third quarter of 2024.

Revenue for Q3 amounted to RUB 276.8 billion, up 36% year-over-year. Adjusted EBITDA amounted to RUB 54.7 billion, or 19.8% of revenue, an increase of 3.7 percentage points compared to the third quarter of 2023. Yandex maintains its forecast for 2024 - revenue growth of 38-40% year-over-year and adjusted EBITDA of RUB 170-175 billion.

Now on the front page

Articles

Why even a PC case should be branded

In Russian conditions, the popularity of PCs assembled by small local companies or in-house corporate IT departments continues to grow rapidly. Such solutions have historically been more popular in Russia than in other developed markets, but today new nuances have emerged in the segment's evolution, which we discussed with Karim LASKRI, Business Director of FSP Group in the CIS region.

News

Storage you can trust in the background: Basis SDS 2.3 released with scheduled diagnostics and an observer role

A storage system is the only infrastructure layer where an error cannot be “rolled back”: neither a reboot nor a configuration rollback will restore lost data. That is why users expect predictability from software-defined storage rather than just new features—ensuring background processes finish what they started, and administrators can see the cluster status not only “right now,” but also over time.