Hello Group (MOMO) Tops Q1 EPS by 8c

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Hello Group Inc. Announces Unaudited Financial Results for the First Quarter of 2022

June 7, 2022 4:10 AM EDT

BEIJING, June 7, 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 first quarter of 2022.   

First Quarter of 2022 Highlights

Net revenues decreased by 9.3% year over year to RMB3,148.1 million (US$496.6 million*) in the first quarter of 2022.Net income attributable to Hello Group Inc. decreased to RMB289.9 million (US$45.7 million) in the first quarter... More