LINE Corporation (NYSE:LN) is expected to report third quarter earnings results, after market close, on Wednesday 28th October 2020.
Previous Quarter Performance
LINE Corporation disclosed loss for the second quarter of $ 0.54 per share, from the revenue of $ 557.10 million.
Stock Performance
Shares of LINE Corporation traded up $ 0.31 or 0.61 percent on Tuesday, reaching $ 51.33 with volume of 3.10 thousand shares. LINE Corporation has traded high as $ 51.37 and has cracked $ 50.99 on the downward trend
According to the previous trading day, closing price of $ 51.33, representing a 40.55 % increase from the 52 week low of $ 36.30 and a 4.85 % decrease over the 52 week high of $ 53.62.
The company has a market capital of $ 12.39 billion and is part of the Technology sector and Software – Application industry.
LINE Corporation provides a platform for mobile messaging and communication services, content distribution, and life and financial services primarily in Japan, Taiwan, Thailand, and Indonesia. It operates through two segments, Core Business and Strategic Business. The company offers LINE, a cross-platform messenger application that enables users to communicate through free instant messaging, stickers, and voice and video calls, as well as serves as a smart portal to its other applications and services.
