LY (OTCMKTS:YAHOY) Releases Earnings Results

LY (OTCMKTS:YAHOY) released 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 6.24% and a return on equity of 5.46%. The company had revenue of $3.48 billion during the quarter.

LY Price Performance

Shares of OTCMKTS:YAHOY opened at $5.82 on Wednesday. The business has a 50-day moving average price of $5.28 and a 200-day moving average price of $5.14. The stock has a market cap of $20.03 billion, a price-to-earnings ratio of 15.73 and a beta of 0.92. LY has a 52-week low of $4.58 and a 52-week high of $6.91.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Zacks Research raised shares of LY to a “hold” rating in a report on Friday, April 17th. The Goldman Sachs Group raised shares of LY to a “hold” rating in a report on Sunday, May 10th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, LY has a consensus rating of “Hold”.

About LY

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.