2023-03-16 05:18:39 ET
- Hello Group press release ( NASDAQ: MOMO ): Q4 Non-GAAP EPADS of $0.36 beats by $0.08 .
- Revenue of $465.8M (-12.6% Y/Y) beats by $2.53M .
- Monthly Active Users on Momo application were 94.6 million in December 2022, compared to 114.1 million in December 2021.
- For the Momo app total paying users was 7.8 million for the fourth quarter of 2022, compared to 8.9 million for the same period last year.
- Outlook: For the first quarter of 2023, the Company expects total net revenues to be between RMB2.65 billion to RMB2.75 billion, representing a decrease of 15.8% to 12.6% year over year.
For further details see:
Hello Group beats Q4 top and bottom line estimates; initiates Q1 outlook