B · Normal
[Russia’s Yandex withdraws 2026 performance guidance due to data center attack] On October 29, Russia’s Yandex withdrew its 2026 revenue and adjusted profit before interest, taxes, depreciation and amortization guidance due to a drone attack on its data center in October, making it difficult to predict performance for the rest of the year. The company had previously expected revenue to grow by about 20% in 2026, with adjusted earnings before interest, taxes, depreciation and amortization of 350 billion rubles. Yandex said it may resume issuing performance guidance starting from next quarter. The company has invested 115 billion rubles in the first nine months and does not plan to increase capital expenditures this year. Yandex said it had proactively invested in building spare capacity and equipment before the attack.
Global market intelligence 🕐 2026-10-29 14:14

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