Momo Announces Unaudited Financial Results for the Fourth Quarter and Fiscal Year 2016

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Momo (MOMO) at All-Time Highs Again, Up 8% on 13x Volume; 45% Short-Interest

March 8, 2017 10:00 AM EST

Momo (NASDAQ: MOMO) continues to see upside, positive by 8% on the session, hitting all-time highs with potential short-squeeze materializing following positive fourth quarter results above consensus.

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Momo (MOMO) Tops Q4 EPS by 16c

March 7, 2017 6:31 AM EST

Momo (NASDAQ: MOMO) reported Q4 EPS of $0.44, $0.16 better than the analyst estimate of $0.28. Revenue for the quarter came in at $246.1 million versus the consensus estimate of $191.69 million.

Fourth Quarter 2016 Highlights

Net revenues increased 524% year over year to $246.1 million.Net income... More