LY (OTCMKTS:YAHOY) Posts Quarterly Earnings Results

LY (OTCMKTS:YAHOY) announced its quarterly earnings data on Wednesday. The technology company reported $0.05 earnings per share (EPS) for the quarter, Zacks reports. The company had revenue of $3.25 billion for the quarter. LY had a return on equity of 6.38% and a net margin of 10.35%.

LY Price Performance

YAHOY stock traded up $0.29 during trading hours on Friday, reaching $5.40. The stock had a trading volume of 104,555 shares, compared to its average volume of 326,359. The stock has a 50-day simple moving average of $5.22 and a 200 day simple moving average of $5.90. LY has a fifty-two week low of $4.82 and a fifty-two week high of $8.41. The stock has a market capitalization of $18.57 billion, a PE ratio of 14.20 and a beta of 0.87.

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.