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Stock impact report

Hello Group Inc (MOMO) Q3 2024 Earnings Call Highlights: Navigating Revenue Declines with ... [Yahoo! Finance]

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: Yahoo! Finance
Momo App Revenue: RMB2.46 billion, down 10% year-over-year. Tantan Revenue: RMB212 million, down 28% year-over-year. Live Broadcasting Revenue: RMB1.29 billion, down 16% year-over-year. Value-Added Services Revenue: RMB1.36 billion, down 8% year-over-year. Non-GAAP Net Income: RMB493.3 million, down 19% year-over-year. Non-GAAP Gross Margin: 39.4%, down 2 percentage points year-over-year. Cash and Cash Equivalents: RMB14.78 billion as of September 30, 2024. Net Cash from Operating Activities: RMB341.0 million. Fourth Quarter Revenue Guidance: RMB2.56 billion to RMB2.66 billion, representing a decrease of 14.7% to 11.4% year-over-year. Warning! GuruFocus has detected 4 Warning Signs with MOMO. Release Date: December 09, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Hello Group Inc ( NASDAQ:MOMO ) reported total group revenue of RMB2.67 billion for Q3 2024, close to the high end of their guidance. The Show less Read more
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