Momo, Inc. (MOMO) Reports In-Line Q3 EPS

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Momo Announces Unaudited Financial Results for the Third Quarter and First Nine Months of 2015

November 19, 2015 5:00 PM EST

BEIJING, Nov. 19, 2015 (GLOBE NEWSWIRE) -- Momo Inc. (NASDAQ: MOMO) ("Momo" or the "Company"), a leading mobile social networking platform in China, today announced its unaudited financial results for the third quarter and first nine months of 2015.

Third Quarter 2015 Highlights

Net revenues increased 204% year over year to $37.5 million.Net loss attributable to Momo Inc. was $0.8 million, compared to $14.6 million for the same period last year.Non-GAAP net income attributable to Momo Inc. (note 1) was $3.9 million, compared to a... More