Hello Group Inc. (MOMO) reported a profit for first quarter that Drops, from the same period last year
The company's bottom line totaled RMB291.05 million, or RMB1.81 per share. This compares with RMB357.99 million, or RMB2.07 per share, last year.
Excluding items, Hello Group Inc. reported adjusted earnings of RMB328.8 million or RMB2.05 per share for the period.
The company's revenue for the period fell 5.4% to RMB2.385 billion from RMB2.520 billion last year.
Hello Group Inc. earnings at a glance (GAAP) :
-Earnings: RMB291.05 Mln. vs. RMB357.99 Mln. last year.-EPS: RMB1.81 vs. RMB2.07 last year.-Revenue: RMB2.385 Bln vs. RMB2.520 Bln last year.
-Guidance:Next quarter revenue guidance: RMB 2.45 B To RMB 2.55 B
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.