Momo (MOMO) Tops Q4 EPS by 16c

Momo (NASDAQ: MOMO) reported Q4 EPS of $0.58, $0.16 better than the analyst estimate of $0.42. Revenue for the quarter came in at $581.6 million versus the consensus estimate of $564.93 million.

Business Outlook:

For the first quarter of 2021, the Company expects total net revenues to be between RMB3.36 billion to RMB3.46 billion, representing a decrease of 6.5% to 3.7% year-over-year. This forecast considers the potential impact of the COVID-19 pandemic and reflects the Company's current and preliminary views on the market and operational conditions, which are subject to change, particularly with respect to the potential lasting impact of COVID-19 on the economy in China.

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

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