Momo (MOMO) Tops Q1 EPS by 54c; offers 3Q outlook

Momo (NASDAQ: MOMO) reported Q1 EPS of RMB2.38, RMB0.54 better than the analyst estimate of RMB1.84. Revenue for the quarter came in at RMB2.69 billion versus the consensus estimate of RMB2.67 billion.

GUIDANCE:

Momo sees Q2 2024 revenue of RMB2.58-2.68 billion, representing a decrease of 15.2% to 11.9% year over year.

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

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