Momo (MOMO) Tops Q2 EPS by 4c
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Momo Announces Unaudited Financial Results for the Second Quarter 2017
August 22, 2017 4:30 AM EDTBEIJING, Aug. 22, 2017 /PRNewswire/ --Â Momo Inc. (NASDAQ: MOMO) ("Momo" or the "Company"), a leading mobile social networking platform in China, today announced its unaudited financial results for the second quarter 2017.
Second Quarter 2017 Highlights
Net revenues increased 215% year over year to $312.2 million. Net income attributable to Momo Inc. increased to $60.8 million in the second quarter of 2017 from $15.4 million in the same period last year. Non-GAAP net income attributable to Momo Inc. (Note 1) increased 218% to $73.8 million in second... More