LY (OTCMKTS:YAHOY – Get Free Report) posted its quarterly earnings data on Thursday. The technology company reported $0.10 earnings per share for the quarter, Zacks reports. The business 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 Stock Down 1.5%
Shares of YAHOY stock traded down $0.10 during trading hours on Friday, reaching $6.78. 107,422 shares of the stock traded hands, compared to its average volume of 49,264. The business has a fifty day moving average price of $6.63 and a 200 day moving average price of $5.61. LY has a 1-year low of $4.58 and a 1-year high of $7.29. The firm has a market capitalization of $23.35 billion, a PE ratio of 17.38 and a beta of 0.97.
About LY
Yahoo Inc is a global technology and media company that operates a portfolio of consumer internet services. Its offerings include Yahoo Mail, Yahoo Search, Yahoo Finance, Yahoo News, Yahoo Sports and Yahoo Entertainment, which provide users with communication, information, financial content and digital media experiences.
The company generates revenue primarily through digital advertising and related partnerships across its online properties. Yahoo serves users internationally, with its services available across multiple geographic markets and supported by localized content and products.
Yahoo was founded in 1994 by Jerry Yang and David Filo.
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