The company, which is ahead of Google in Russia with a market share of about 60%, said its outlook was limited to quarterly guidance because of a high level of uncertainty over the economy.
Yandex reported fourth-quarter revenues of 14.7 billion roubles ($235.4 million) and said net income jumped 126% from a year ago to 7.6 billion roubles, boosted by a 4.7-billion-rouble foreign exchange gain.
Adjusted net income grew 13% to around 4 billion roubles while earnings before interest, taxation, depreciation and amortization (EBITDA) increased 18% to 6.1 billion roubles, it said in a statement.
Yandex added its share of Russian search market, including mobile, averaged 59.7% in the fourth quarter, citing LiveInternet data, compared to 60.3% a quarter earlier.
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