Hello Group Inc - ADR

NASDAQ:MOMO   3:59:53 PM EDT
5.25
+0.25 (+5.00%)
Share Repurchases, Other Pre-Announcement

Hello Group Says Q1 Revenue Fell 9.3% To RMB 3.148 Bln

Published: 06/07/2022 08:22 GMT
Hello Group Inc - ADR (MOMO) - Announces Unaudited Financial Results for the First Quarter of 2022.
Sees Q2 Revenue Rmb 3.05 Billion to Rmb 3.15 Billion.
Q1 Revenue Fell 9.3 Percent to Rmb 3.148 Billion.
Non-GAAP Diluted Net Income per Ads Was Rmb1.94 (us$0.31) in the First Quarter of 2022.
Diluted Net Income per Ads Was Rmb1.42 (us$0.22) in the First Quarter of 2022.
Monthly Active Users on Momo Application Were 110.9 Million in March 2022, Compared to 115.3 Million in March 2021.
Says Board Authorized Share Repurchase Program Under Which Co May Repurchase Up to Us$200 Million of Its Shares Over Next 24 Months.
Q1 Earnings per Share View Cny 1.60, Revenue View Cny 3.12 Billion -- Refinitiv Ibes Data (analyst estimates).
Q2 Revenue View Cny 3.30 Billion -- Refinitiv Ibes Data (analyst estimates).