LY (OTCMKTS:YAHOY) Announces Earnings Results

LY (OTCMKTS:YAHOY) issued its quarterly earnings results on Friday. The technology company reported $0.08 earnings per share for the quarter, Zacks reports. LY had a net margin of 10.60% and a return on equity of 5.85%. The company had revenue of $11.17 billion during the quarter.

LY Stock Performance

OTCMKTS:YAHOY opened at $5.67 on Friday. The stock’s 50 day moving average price is $5.03 and its 200 day moving average price is $5.22. LY has a 52 week low of $4.58 and a 52 week high of $7.99. The company has a market capitalization of $19.52 billion, a P/E ratio of 15.32 and a beta of 0.95.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of LY to a “hold” rating in a research note on Friday, April 17th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has an average rating of “Hold”.

LY Company Profile

LY Corporation engages in the online advertising and e-commerce businesses in Japan. The company provides LINE, a communication app; and Yahoo! JAPAN, an internet service that offers search, news, weather, shopping, auction, and other services. It also offers reuse, membership, and payment-related services. The company was formerly known as Z Holdings Corporation and changed its name to LY Corporation in October 2023. LY Corporation was founded in 1996 and is headquartered in Chiyoda, Japan. LY Corporation operates as a subsidiary of A Holdings Corporation.