LY (OTCMKTS:YAHOY – Get Free Report) announced its quarterly earnings results on Thursday. The technology company reported $0.10 earnings per share (EPS) for the quarter, Zacks reports. LY had a net margin of 6.24% and a return on equity of 5.49%.
LY Stock Up 5.0%
Shares of OTCMKTS:YAHOY traded up $0.32 during midday trading on Thursday, hitting $6.78. 107,422 shares of the stock traded hands, compared to its average volume of 49,264. The stock has a market capitalization of $23.35 billion, a PE ratio of 17.38 and a beta of 0.97. The business’s 50 day moving average is $6.63 and its two-hundred day moving average is $5.61. LY has a one year low of $4.58 and a one year high of $7.29.
LY Company Profile
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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