Momo (MOMO) Gains 11% After Topping Q1 Views, Issuing Raised Outlook
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Momo (NASDAQ: MOMO) is gaining 11.5% in pre-open trade Tuesday after the company reported Q1 EPS of $0.63, $0.13 better than the analyst estimate of $0.50. Revenue for the quarter came in at $435.1 million versus the consensus estimate of $396.17 million.
GUIDANCE:
Momo sees Q2 2018 revenue of $470-485 million, versus the consensus of $429.34 million.
For earnings history and earnings-related data on Momo (MOMO) click here.
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