2021-11-30 05:42:51 MOMO Hello Group
11/30/21 11/3005:42 11/30/2105:42 | Hello Group reports Q3 EPS 30c, consensus 31cReports Q3 revenue $583.42M, consensus $573.63M. Monthly active users on Momo application were 115.5M in September, compared to 113.6M in September 2020. Total paying users of live video service and value-added service, without double counting the overlap and including 2.9M paying users of Tantan, were 12.2M for Q3. "The third quarter of 2021 was a good quarter with solid financial results." commented Li Wang, CEO of Hello Group. "We continued to push forward with all of our strategic goals. For the first time since the beginning of the COVID-19 pandemic, core Momo revenue has achieved year-over-year growth. Although we still have many hard work to do at Tantan, I am glad that we are finally on track to make concrete progresses on the product fronts." |
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