Should You Buy Line Corp. (ADR) Below Its IPO Price?

Its revenue rose 15% annually to 37.5 billion yen , but that missed the consensus estimate of 38.7 billion yen. Line’s operating profit more than doubled to 1.6 billion yen On the bright side, Line posted a full-year net profit of 7.56 billion yen for fiscal 2016, which was a major improvement over its loss of 7.58 billion yen in 2015.