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Technology Stocks : Yandex N.V.

YNDX 18.94

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Mar 5 4:00 PM EST

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From: zax	10/30/2012 7:48:19 PM
	of 78

Russia's Yandex Q3 net profit up 34 pct y/y MOSCOW \| Tue Oct 30, 2012 7:00am EDT reuters.com MOSCOW Oct 30 (Reuters) - Russia's most popular search engine Yandex reported on Tuesday a 34 percent increase in third-quarter net profit to 2.3 billion roubles ($73.10 million). Yandex, which is ahead of the world's top search engine Google in the Russian market, also said in a statement its sales grew 41 percent to 7.3 billion roubles. Adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) were up 47 percent to 3.4 billion roubles for a 47 percent margin, up from 45 .3 percent a year ago.

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