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Yandex N.V. Management Discusses Q2 2012 Results - Earnings Call Transcript

Yandex N.V. (YNDX)

Q2 2012 Earnings Call

July 31, 2012 9:00 am ET

Executives

Katya Zhukova

Arkady Volozh - Founder, Chief Executive Officer and Director

Ilya Segalovich - Co-founder, Chief Technology Officer and Director

Alexander Shulgin - Chief Financial Officer

Analysts

Edward Hill-Wood - Morgan Stanley, Research Division

Lloyd Walmsley - Deutsche Bank AG, Research Division

Alexander Balakhnin - Goldman Sachs Group Inc., Research Division

Charles Eugene Munster - Piper Jaffray Companies, Research Division

Mariya Rubanovskaya - BofA Merrill Lynch, Research Division

Anna Lepetukhina - Troika Dialog, Research Division

Olga Bystrova - Crédit Suisse AG, Research Division

Alexander Vengranovich - OTKRITIE Securities Ltd., Research Division

David Ferguson - Renaissance Capital, Research Division

Anastasia Obukhova - VTB Capital, Research Division

Presentation

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Yandex Second Quarter 2012 Earnings Call. [Operator Instructions] I must advise you that this conference is being recorded today, Tuesday, the 31st of July 2012. I would now like to turn the conference over to your speaker today, Katya Zhukova. Please go ahead.

Katya Zhukova

Hello, everyone and welcome to Yandex's Second Quarter 2012 Earnings Call. Our earnings release were distributed earlier today. And you can find a copy on the company's Investor Relations website, as well as on newswire services.

Today, with us are our CEO, Arkady Volozh; our CTO Ilya Segalovich; and our CFO, Alex Shulgin. Mr. Barsukov, our Director of Corporate Finance will be available during the Q&A session. The call is being recorded and the recording will be available on our Investor Relations website later today.

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