Momo (MOMO) Tops Q4 EPS by 16c

Momo (NASDAQ: MOMO) reported Q4 EPS of $0.44, $0.16 better than the analyst estimate of $0.28. Revenue for the quarter came in at $246.1 million versus the consensus estimate of $191.69 million.

Fourth Quarter 2016 Highlights

• Net revenues increased 524% year over year to $246.1 million.
• Net income attributable to Momo Inc. increased to $83.8 million in the fourth quarter of 2016 from $6.1 million in the same period last year.
• Non-GAAP net income attributable to Momo Inc. (note 1) increased 674% to $91.5 million in the fourth quarter of 2016 from $11.8 million in the same period last year.
• Diluted net income per American Depositary Share (\"ADS\") was $0.41, compared to $0.03 in the same period last year.
• Non-GAAP diluted net income per ADS (note 1) was $0.44, compared to $0.06 in the same period last year.
• Monthly Active Users (\"MAU\")[1] were 81.1 million in December 2016, compared to 69.8 million in December 2015.

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

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