LY (OTCMKTS:YAHOY) Announces Earnings Results

Key Points

• LY reported quarterly earnings of $0.08 per share, with a 5.85% return on equity and a 10.60% net margin.
• The stock rose 2.7% to $5.67 on Friday, though trading volume was below average at 165,365 shares versus a typical 414,042.
• Analyst sentiment remains cautious: Zacks Research upgraded LY to a hold, matching the stock’s current average analyst rating of Hold.

LY (OTCMKTS:YAHOY - Get Free Report) released its quarterly earnings data on Friday. The technology company reported $0.08 earnings per share (EPS) for the quarter, Zacks reports. LY had a return on equity of 5.85% and a net margin of 10.60%.

LY Trading Up 2.7%

Shares of OTCMKTS:YAHOY traded up $0.15 during trading on Friday, hitting $5.67. 165,365 shares of the stock were exchanged, compared to its average volume of 414,042. The company has a market cap of $19.52 billion, a PE ratio of 14.18 and a beta of 0.95. The company has a fifty day moving average price of $5.03 and a two-hundred day moving average price of $5.22. LY has a 12-month low of $4.58 and a 12-month high of $7.99.

Analyst Ratings Changes

Separately, Zacks Research raised shares of LY to a "hold" rating in a research note on Friday, April 17th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average 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.

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