Momo (NASDAQ: MOMO) reported Q4 EPS of $0.81. Revenue for the quarter came in at $673.4 million, versus $0 reported last year.

Fourth Quarter of 2019 Highlights

• Net revenues increased by 22% year over year to RMB4,687.9 million (US$673.4 million*) in the fourth quarter of 2019.
• Net income attributable to Momo Inc. increased to RMB1,055.9 million (US$151.7 million) in the fourth quarter of 2019 from RMB660.8 million in the same period of 2018.
• Non-GAAP net income attributable to Momo Inc. (note 1) increased to RMB1,252.5 million (US$179.9 million) in the fourth quarter of 2019, from RMB887.4 million in the same period of 2018.
• Diluted net income per American Depositary Share (\"ADS\") was RMB4.74 (US$0.68) in the fourth quarter of 2019, compared to RMB3.04 in the same period of 2018.
• Non-GAAP diluted net income per ADS (note 1) was RMB5.61 (US$0.81) in the fourth quarter of 2019, compared to RMB4.05 in the same period of 2018.
• Monthly Active Users (\"MAU\") on Momo application were 114.5 million in December 2019, compared to 113.3 million in December 2018.
• Total paying users of our live video service and value-added service, without double counting the overlap and including 4.5 million paying users of Tantan, were 13.8 million for the fourth quarter of 2019, compared to 13.0 million for the fourth quarter of 2018, which included 3.9 million paying users of Tantan.

"2019 was a fruitful year, with total net revenue up by 27%, net income up by 6% and Non-GAAP net income up by 30%. The strong financial performance is a testament of the competence of our team," commented Yan Tang, Chairman and CEO of Momo. "Looking into the year 2020, we are going to continue to focus on enhancing user experience and drive product innovations in order to capture the many growth opportunities ahead of us."

Business Outlook

For the first quarter of 2020, the Company expects total net revenues to be between RMB3.45 billion to RMB3.55 billion, representing a decrease of 7.3% to 4.6% year over year. This forecast considers the potential impact of the COVID-19 outbreak and reflects the Company's current and preliminary views on the market and operational conditions, which are subject to change, particularly as to the potential impact of the COVID-19 on the economy in China.

For earnings history and earnings-related data on Momo (MOMO) click here.