LY (OTCMKTS:YAHOY – Get Free Report) released its quarterly earnings results on Thursday. The technology company reported $0.10 EPS for the quarter, Zacks reports. The firm had revenue of $3.54 billion during the quarter. LY had a net margin of 6.24% and a return on equity of 5.49%.
LY Price Performance
Shares of OTCMKTS:YAHOY traded down $0.06 on Friday, hitting $6.82. 65,229 shares of the company’s stock were exchanged, compared to its average volume of 46,831. The business’s 50 day simple moving average is $6.63 and its two-hundred day simple moving average is $5.62. The stock has a market capitalization of $23.49 billion, a price-to-earnings ratio of 24.36 and a beta of 0.97. LY has a 12 month low of $4.58 and a 12 month high of $7.29.
LY Company Profile
LY Corporation is a Japanese internet services company that operates Yahoo! JAPAN and the LINE messaging platform. Its services include online search and news, digital advertising, e-commerce, and communications tools.
The company was formed in October 2023 through the integration of Z Holdings, LINE Corporation, and Yahoo Japan. Its offerings primarily serve users and businesses in Japan, with LINE also used in other markets.
Featured Stories
- Five stocks we like better than LY
- Dutch Bros Gave Wall Street What It Wanted, So Why Did the Stock Crater?
- Astera Labs Just Crushed Earnings—So Why Are Analysts Cutting Price Targets?
- Sandisk Shares Are Oversold: Bargain or Value Trap?
- IonQ’s Record Revenue Includes a Big SkyWater Boost: Does That Change the Story?
Receive News & Ratings for LY Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LY and related companies with MarketBeat.com's FREE daily email newsletter.
