Momo Announces Unaudited Financial Results for the Fourth Quarter and Fiscal Year 2019
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Momo (MOMO) Reports Q4 EPS of $0.81 on Revenues of $673.4M
March 19, 2020 5:55 AM EDTMomo (NASDAQ: MOMO) reported Q4 EPS of $0.81. Revenue for the quarter came in at $673.4 million, versus $0 reported last year.
Fourth Quarter of 2019 Highlights
Net revenues increased by 22% year over year to RMB4,687.9 million (US$673.4 million*) in the fourth quarter of 2019.Net income attributable to Momo Inc. increased to RMB1,055.9 million (US$151.7 million) in the fourth quarter of 2019 from RMB660.8 million in the same period of 2018.Non-GAAP net income attributable to Momo Inc. (note 1) increased to RMB1,252.5 million... More