LY (OTCMKTS:YAHOY) Announces Quarterly Earnings Results

LY (OTCMKTS:YAHOY) issued its earnings results on Monday. The technology company reported $0.12 earnings per share (EPS) for the quarter, Zacks reports. LY had a net margin of 6.14% and a return on equity of 4.98%.

LY Trading Up 2.9%

Shares of OTCMKTS YAHOY opened at $5.73 on Tuesday. The firm has a market cap of $19.72 billion, a P/E ratio of 15.49 and a beta of 0.91. The business’s 50 day moving average is $5.26 and its 200-day moving average is $5.14. LY has a 1-year low of $4.58 and a 1-year high of $7.36.

Analyst Ratings Changes

Several research analysts have recently commented on YAHOY shares. Zacks Research upgraded LY to a “hold” rating in a research note on Friday, April 17th. The Goldman Sachs Group upgraded LY to a “hold” rating in a research note on Sunday, May 10th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently 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.