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LY Management Says Cost Controls, Structural Reforms Drive Q2 FY2026 Adjusted EBITDA Growth

PUBT·11/10/2026 07:53:45
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LY Management Says Cost Controls, Structural Reforms Drive Q2 FY2026 Adjusted EBITDA Growth
  • LY Corporation management attributed fiscal 2026 second-quarter net profit's 60% decline to the absence of prior-year one-time gains.
  • Excluding those gains, net profit rose 32% year over year, reflecting underlying earnings growth.
  • Management raised adjusted EBITDA guidance, citing stronger LYP Premium performance, cost savings and improved contributions from commerce and financial services.
  • Search advertising revenue is now projected to fall about 6%; display advertising revenue is expected to decline about 5%.
  • The display downgrade reflected lost VOOM advertising revenue following its tab replacement, alongside client budget efficiencies following advertising platform integration.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LY Corporation published the original content used to generate this news brief on November 10, 2026, and is solely responsible for the information contained therein.