Yandex (Nasdaq: YNDX) reported earnings on July 25. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q2), Yandex met expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue increased significantly. Non-GAAP earnings per share grew significantly. GAAP earnings per share grew significantly.

Margins grew across the board.

Revenue details
Yandex logged revenue of $284.0 million. The eight analysts polled by S&P Capital IQ hoped for a top line of $282.1 million on the same basis. GAAP reported sales were 34% higher than the prior-year quarter's $209.7 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.28. The three earnings estimates compiled by S&P Capital IQ predicted $0.25 per share. Non-GAAP EPS of $0.28 for Q2 were 47% higher than the prior-year quarter's $0.19 per share. GAAP EPS of $0.27 for Q2 were 50% higher than the prior-year quarter's $0.18 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 76.5%, 220 basis points better than the prior-year quarter. Operating margin was 35.0%, 200 basis points better than the prior-year quarter. Net margin was 31.7%, 250 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $295.5 million. On the bottom line, the average EPS estimate is $0.28.

Next year's average estimate for revenue is $1.19 billion. The average EPS estimate is $1.07.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 195 members out of 207 rating the stock outperform, and 12 members rating it underperform. Among 71 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 66 give Yandex a green thumbs-up, and five give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Yandex is outperform, with an average price target of $31.79.

Internet software and services are being consumed in radically different ways, on new and increasingly mobile devices. Is Yandex on the right side of the revolution? Check out the changing landscape and meet the company that Motley Fool analysts expect to lead "The Next Trillion-dollar Revolution." Click here for instant access to this free report.