MOSCOW Oct 28 (Reuters) - Russian internet group VK
downgraded its full-year revenue guidance to 124-127
billion roubles ($1.75-1.80 billion) on Thursday, citing a high
base effect related to the COVID-19 pandemic.
Its previous 2021 revenue forecast was for growth of 18-21%
to 127-130 billion roubles.
VK, formerly Mail.Ru Group until a rebranding this month,
reported a 19% rise in third-quarter consolidated revenue to
30.4 billion roubles, which it said was supported by appetite
for online advertising and educational technology.
($1 = 70.6750 roubles)
(Reporting by Anna Rzhevkina and Alexander Marrow; editing by
Jason Neely)