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Hello Group Inc. Reveals Increase In Q1 Profit

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Hello Group Inc. (MOMO) reported a profit for its first quarter that increased from last year

The company's earnings totaled RMB357.99 million, or RMB1.04 per share. This compares with RMB5.18 million, or RMB0.01 per share, last year.

The company's revenue for the period fell 1.6% to RMB2.520 billion from RMB2.560 billion last year.

Hello Group Inc. earnings at a glance (GAAP) :

-Earnings: RMB357.99 Mln. vs. RMB5.18 Mln. last year.
-EPS: RMB1.04 vs. RMB0.01 last year.
-Revenue: RMB2.520 Bln vs. RMB2.560 Bln last year.

-Guidance:
Next quarter revenue guidance: RMB2.57-RMB2.67 Bln

For comments and feedback contact: editorial@rttnews.com

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