Momo (MOMO) Gains 11% After Topping Q1 Views, Issuing Raised Outlook

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.

You May Also Be Interested In

• Benchmark Electronics (BHE) Tops Q2 EPS by 16c; offers guidance
• American Water Works (AWK) Tops Q2 EPS by 5c; affirms guidance
• NPK International Inc. (NPKI) Tops Q2 EPS by 2c