More on Yandex's Q3: The company is now guiding for 2012 ruble-based revenue growth of 42%-45%,...


More on Yandex's Q3: The company is now guiding for 2012 ruble-based revenue growth of 42%-45%, at the high end of a prior range of 40%-45%. However, the consensus for 2012 dollar-based revenue growth is at 47.5% - the ruble is roughly flat vs. the dollar this year. Yandex site ad revenue +39% Y/Y (43% in Q2), ad network +55% (93% in Q2), display ads +25% (43% in Q2). Traffic acquisition costs 16.9% of revenue, up slightly Q/Q. Cost per click (ad prices) +10% Q/Q. (PR)

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