Momo Announces Unaudited Financial Results for the First Quarter 2018

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Momo Inc. (MOMO) PT Raised to $55 at Jefferies

May 29, 2018 4:21 PM EDT

Jefferies raised its price target on Momo Inc. (NASDAQ: MOMO) to $55.00 (from $50.00) while maintaining a Buy rating.

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Momo (MOMO) Gains 11% After Topping Q1 Views, Issuing Raised Outlook

May 29, 2018 8:30 AM EDT

Momo (NASDAQ: MOMO) is gaining 11.5% in pre-open trade Tuesday after the company reported Q1 EPS of $0.63, $0.13 better than the analyst estimate of $0.50. Revenue for the quarter came in at $435.1 million versus the consensus estimate of $396.17 million.

GUIDANCE:

Momo sees Q2 2018... More