LY (OTCMKTS:YAHOY – Get Free Report) posted its quarterly earnings data on Thursday. The technology company reported $0.10 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%
LY stock traded up $0.32 during mid-day trading on Thursday, reaching $6.78. 107,422 shares of the company’s stock were exchanged, compared to its average volume of 49,264. The company has a market cap of $23.35 billion, a P/E ratio of 17.46 and a beta of 0.97. LY has a twelve month low of $4.58 and a twelve month high of $7.29. The company has a fifty day moving average of $6.63 and a 200-day moving average of $5.61.
About LY
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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