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Momo Inc (MOMO.OQ)

MOMO.OQ on NASDAQ Stock Exchange Global Select Market

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4:42pm GMT
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$0.27 (+0.83%)
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Latest Key Developments (Source: Significant Developments)

Momo announces unaudited financial results for Q3 of 2018
Thursday, 6 Dec 2018 

Dec 5 (Reuters) - Momo Inc ::MOMO ANNOUNCES UNAUDITED FINANCIAL RESULTS FOR THE THIRD QUARTER OF 2018.SEES Q4 2018 REVENUE RMB 3.655 BILLION TO RMB 3.755 BILLION.Q3 REVENUE $536 MILLION VERSUS REFINITIV IBES ESTIMATE OF $535.6 MILLION.SEES Q4 2018 REVENUE UP 42 TO 46 PERCENT.QTRLY DILUTED NET INCOME PER AMERICAN DEPOSITARY SHARE WAS $0.39.QTRLY MONTHLY ACTIVE USERS ON MOMO APPLICATION WERE 110.5 MILLION IN SEPTEMBER 2018, COMPARED TO 94.4 MILLION IN SEPTEMBER 2017.QTRLY NON-GAAP DILUTED NET INCOME PER ADS WAS $0.53.SAYS COMPANY IS NOT PROVIDING BUSINESS OUTLOOK IN USD TERMS DUE TO RECENT VOLATILITY AND UNCERTAINTY IN FOREIGN EXCHANGE RATE.  Full Article

Momo Says Q2 Diluted Net Income Per ADS Was $0.56
Wednesday, 22 Aug 2018 

Aug 22 (Reuters) - Momo Inc ::MOMO ANNOUNCES UNAUDITED FINANCIAL RESULTS FOR THE SECOND QUARTER OF 2018.Q2 REVENUE $494.3 MILLION VERSUS I/B/E/S VIEW $479.8 MILLION.SEES Q3 2018 REVENUE $525 MILLION TO $540 MILLION.QTRLY DILUTED NET INCOME PER AMERICAN DEPOSITARY SHARE ("ADS") WAS $0.56.QTRLY NON-GAAP DILUTED NET INCOME PER ADS WAS $0.66.MONTHLY ACTIVE USERS ("MAU") ON MOMO APPLICATION WERE 108.0 MILLION IN JUNE 2018, COMPARED TO 91.3 MILLION IN JUNE 2017.FORECAST REFLECTS CURRENCY TRANSLATION RISKS AND ASSUMES AN AVERAGE EXCHANGE RATE OF RMB 6.8055 TO US$1.00.Q2 EARNINGS PER SHARE VIEW $0.61 -- THOMSON REUTERS I/B/E/S.TOTAL PAYING USERS OF LIVE VIDEO SERVICE AND VALUE-ADDED SERVICE, WITHOUT DOUBLE COUNTING OVERLAP WERE 11.6 MILLION FOR Q2 2018 VERSUS 7.1 MILLION FOR Q2 2017.  Full Article

Momo Inc reports Q3 Non-GAAP Net Income Per ADS Of $0.45‍​
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - Momo Inc ::MOMO ANNOUNCES UNAUDITED FINANCIAL RESULTS FOR THE THIRD QUARTER 2017.Q3 REVENUE $354.5 MILLION VERSUS I/B/E/S VIEW $339.3 MILLION.SEES Q4 2017 REVENUE $370 MILLION TO $385 MILLION.QTRLY NON-GAAP DILUTED NET INCOME PER ADS WAS $0.45‍​.‍MONTHLY ACTIVE USERS WERE 94.4 MILLION IN SEPTEMBER 2017, COMPARED TO 77.4 MILLION IN SEPTEMBER 2016​.QTRLY ‍DILUTED NET INCOME PER AMERICAN DEPOSITARY SHARE WAS $0.38​.Q3 EARNINGS PER SHARE VIEW $0.38 -- THOMSON REUTERS I/B/E/S.Q4 REVENUE VIEW $382.1 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

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In WeChat-dominated China, new messenger app scores sudden success

HONG KONG Bullet Messenger, a Chinese messaging app, has racked up millions of downloads since its debut just a few weeks ago, using a stripped-down design to chip off a chunk of a sophisticated, billion-user market.