Momo (MOMO) Misses Q4 EPS by 4c

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Hello Group Inc. Announces Unaudited Financial Results for the Fourth Quarter and Fiscal Year 2021

March 24, 2022 5:15 AM EDT

BEIJING, March 24, 2022 /PRNewswire/ -- Hello Group Inc. (NASDAQ: MOMO) ("Hello Group" or the "Company"), a leading mobile social and entertainment platform in China, today announced its unaudited financial results for the fourth quarter and the full year ended December 31, 2021.  

Fourth Quarter of 2021 Highlights

Net revenues decreased by 3.2% year over year to RMB3,674.2 million (US$576.6 million*) in the fourth quarter of 2021. Net loss attributable to Hello Group Inc. was RMB4,242.7 million (US$665.8 million) in the fourth quarter of 2021, compared to... More