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Stock impact report

Momo Announces Unaudited Financial Results for the Third Quarter of 2019

Hello Group Inc. - American Depositary Shares (MOMO) 
Last hello group inc. - american depositary shares earnings: 3/19 05:10 am Check Earnings Report
US:NASDAQ Investor Relations: nasdaq.com/symbol/momo
Company Research Source: PR Newswire
BEIJING, Nov. 26, 2019 /PRNewswire/ -- Momo Inc. (NASDAQ: MOMO) ("Momo" or the "Company"), a leading mobile social networking platform in China, today announced its unaudited financial results for the third quarter of 2019. Third Quarter of 2019 HighlightsNet revenues increased by 22% year over year to RMB4,451.6 million (US$622.8 million*) in the third quarter of 2019. Net income attributable to Momo Inc. increased to RMB893.9 million (US$125.1 million) in the third quarter of 2019 from RMB579.5 million in the same period of 2018. Non-GAAP net income attributable to Momo Inc. (note 1) increased to RMB1,088.1 million (US$152.2 million) in the third quarter of 2019, from RMB777.6 million in the same period of 2018. Diluted net income per American Depositary Share ("ADS") was RMB4.04 (US$0.57) in the third quarter of 2019, compared to RMB2.69 in the same period of 2018. Non-GAAP diluted net income per ADS (note 1) was RMB4.90 (US$0.69) in the third quarter of 2019, compared to RMB3.57 i Show less Read more
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