Hello (MOMO)

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Hello Group Inc. Sponsored ADR (MOMO) Beats Q2 Earnings and Revenue Estimates
ZACKS· 2024-09-03 12:05
Hello Group Inc. Sponsored ADR (MOMO) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.43 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10%. A quarter ago, it was expected that this company would post earnings of $0.33 per share when it actually produced earnings of $0.04, delivering a surprise of -87.88%.Over the last four quarters, ...
Hello (MOMO) - 2024 Q2 - Quarterly Report
2024-09-03 11:00
Exhibit 99.1 Second Quarter of 2024 Highlights • Net revenues decreased by 14.2% year over year to RMB2,691.4 million (US$370.3 million*) in the second quarter of 2024. • Net income attributable to Hello Group Inc. decreased to RMB397.8 million (US$54.7 million) in the second quarter of 2024, from RMB568.4 million in the same period of 2023. • Non-GAAP net income attributable to Hello Group Inc. (note 1) decreased to RMB449.2 million (US$61.8 million) in the second quarter of 2024, from RMB632.1 million in ...
Hello Group Inc. Announces Unaudited Financial Results for the Second Quarter of 2024
Prnewswire· 2024-09-03 07:30
BEIJING, Sept. 3, 2024 /PRNewswire/ -- Hello Group Inc. (NASDAQ: MOMO) ("Hello Group" or the "Company"), a leading player in mainland China's online social networking space, today announced its unaudited financial results for the second quarter of 2024. Second Quarter of 2024 HighlightsNet revenues decreased by 14.2% year over year to RMB2,691.4 million (US$370.3 million*) in the second quarter of 2024.Net income attributable to Hello Group Inc. decreased to RMB397.8 million (US$54.7 million) in the second ...
With Low P/E, Hello Group Still Shows Value Potential
Seeking Alpha· 2024-08-23 01:09
Asia-Pacific Images Studio In 2020, I wrote an article about Momo, Inc, in which I wrote about the company as a social media play which was experiencing impressive growth and trading at a relatively low P/E. I labeled the company a strong buy at the time, and unfortunately, the stock didn’t do so well, declining as the company’s growth more or less ended, although the company continued at profitability. Today we’ll be looking at the company, which has renamed itself as Hello Group (NASDAQ:MOMO), looking ...
Hello Group to Report Second Quarter 2024 Results on September 3, 2024
Prnewswire· 2024-08-15 11:00
BEIJING, Aug. 15, 2024 /PRNewswire/ -- Hello Group Inc. (NASDAQ: MOMO) (the "Company"), a leading player in mainland China's online social networking space, today announced that it will release its unaudited financial results for the second quarter ended June 30, 2024 before U.S. markets open on Tuesday, September 3, 2024.Hello Group's management will host an earnings conference call on Tuesday, September 3, 2024, at 8:00 a.m. U.S. Eastern Time (8:00 p.m. Beijing / Hong Kong Time on the same day).Preregistr ...
Prudent Investors Pay Attention To Canary In Coal Mine – Oblivious Momo Crowd Supporting The Market
Benzinga· 2024-06-18 15:06
Loading...Loading...To gain an edge, this is what you need to know today.Canary In The Coal MinePlease click here for an enlarged chart of SPDR S&P 500 ETF Trust SPY which represents the benchmark stock market index S&P 500 (SPX).Note the following: The chart shows that the stock market continues to move higher. On SPY, $550 is the magnet for short term traders. The chart shows that the market is now significantly above the support zone. This illustrates that in the middle of the AI buying frenzy, if the mo ...
挚文集团:核心业务收入仍承压,下半年降幅有望收窄
交银国际证券· 2024-05-30 06:01
交银国际研究 公司更新 互联网 收盘价 目标价 潜在涨幅 2024年5月29日 美元4.84 美元5.90↓ +21.9% 挚文集团 (MOMO US) 核心业务收入仍承压,下半年降幅有望收窄 1季度运营利润超预期:2024年1季度收入25.6亿元(人民币,下同), 个股评级 同/环比降9%/15%,略超我们/市场预期3%/4%。经调整运营利润 5.2亿元, 中性 同比降1% ,好于市场预期的4.4亿元,对应经调整运营利润率20%,同比 优化2个百分点,受益于陌陌和探探分成优化及营销费用控制,部分被新 1年股价表现 独立应用分成提升所抵消。经调整净利润5.1亿元(剔除4.5亿元预提税 MOMO US 项)影响,同比+26%,好于我们和市场预期的4.1亿元。 30% MSCI中国指数 20% 运营调整影响持续,陌陌/探探收入仍承压。陌陌主站:1季度直播/增值 10% 收入同比降11%/15%,主要受赛事收缩以及社交消费情绪疲弱影响,公司 0% -10% 增加优质内容供给及新互动玩法,部分弥补流水下滑,或拉动2季度恢复 -20% -30% 环比增长。新应用:收入维持强劲同比增势(52%),受益于海外社交产 ...
Hello (MOMO) - 2024 Q1 - Earnings Call Transcript
2024-05-28 15:45
Hello Group Inc. (NASDAQ:MOMO) Q1 2024 Earnings Conference Call May 28, 2024 8:00 AM ET Company Participants Ashley Jing - Investor Relations Sichuan Zhang - Chief Operating Officer Hui Peng - Chief Financial Officer Yan Tang - Chief Executive Officer Conference Call Participants Xueqing Zhang - CICC Raphael Chen - BOCI Research Henry Sun - JPMorgan Operator Ladies and gentlemen, thank you for standing by, and welcome to the First Quarter 2024 Hello Group Incorporated Earnings Conference Call. All participa ...
Hello Group Inc. Announces Unaudited Financial Results for the First Quarter of 2024
Prnewswire· 2024-05-28 07:23
BEIJING, May 28, 2024 /PRNewswire/ -- Hello Group Inc. (NASDAQ: MOMO) ("Hello Group" or the "Company"), a leading player in mainland China's online social networking space, today announced its unaudited financial results for the first quarter of 2024. First Quarter of 2024 Highlights Net revenues decreased by 9.2% year over year to RMB2,560.4 million (US$354.6 million*) in the first quarter of 2024. Net income attributable to Hello Group Inc. decreased to RMB5.2 million (US$0.7 million) in the first quar ...
Hello Group Files Annual Report on Form 20-F for Fiscal Year 2023
Prnewswire· 2024-04-26 10:31
BEIJING, April 26, 2024 /PRNewswire/ -- Hello Group Inc. (NASDAQ: MOMO) ("Hello Group" or the "Company"), a leading mobile social and entertainment platform in China, today filed with the U.S. Securities and Exchange Commission its annual report on Form 20-F for the fiscal year ended December 31, 2023. The annual report can be accessed on the Company's investor relations website at https://ir.hellogroup.com/ or on the SEC's website at https://www.sec.gov. The Company will provide a hard copy of its annual r ...