Momo (MOMO) Reports Q4 EPS of $0.81 on Revenues of $673.4M
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Momo Announces Unaudited Financial Results for the Fourth Quarter and Fiscal Year 2019
March 19, 2020 5:10 AM EDTBEIJING, March 19, 2020 /PRNewswire/ -- Momo Inc. (NASDAQ: MOMO) ("Momo" or the "Company"), a leading mobile social networking platform in China, today announced its unaudited financial results for the fourth quarter and the full year ended December 31, 2019.Â
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.... More