Hello Group Inc Stock Price, News & Analysis

Momo Inc. (NASDAQ: MOMO) will hold an Extraordinary General Meeting (EGM) on August 2, 2021, at 2:00 PM Beijing Time, to approve a name change to "Hello Group Inc." This change will not impact shareholder rights or the company’s operations. The record date for eligible shareholders is July 2, 2021. The notice and proxy form are available on the company's website. Momo, a leading mobile social platform in China, connects users through various applications, including Tantan, facilitating social interactions and relationships.

Momo Inc. (NASDAQ: MOMO) reported a 3.4% decline in net revenues for Q1 2021, totaling RMB3,470.6 million (US$529.7 million). Net income dropped 14.3% year-over-year to RMB461.7 million (US$70.5 million), with diluted earnings per ADS at RMB2.14 (US$0.33). Monthly Active Users rose to 115.3 million, while total paying users slightly decreased to 12.6 million. The company anticipates Q2 revenues between RMB3.6 billion to RMB3.7 billion, reflecting a 4.3% to 6.9% year-over-year decrease.

Momo Inc. (Nasdaq: MOMO), a leading mobile social and entertainment platform in China, will release its unaudited financial results for Q1 2021 on June 8, 2021, before U.S. market opens. An earnings conference call is scheduled for the same day at 8:00 a.m. U.S. Eastern Time. Due to COVID-19, all participants must preregister online at this link to receive dial-in details. A replay of the call will be available until June 16, 2021.

Momo Inc. (Nasdaq: MOMO), a top mobile social and entertainment platform in China, has filed its annual report on Form 20-F for the fiscal year ending December 31, 2020. This report is accessible via the Company’s investor relations website and the SEC's website. Shareholders can request a hard copy of the audited consolidated financial statements at no cost. Momo enables users to forge new relationships and expand social connections through its platforms, including Tantan, a dating application acquired in May 2018.

Momo Inc. (NASDAQ: MOMO) reported its financial results for Q4 and full Year 2020. Q4 revenues fell by 19.0% year-over-year to RMB3,795.2 million (US$581.6 million), with net income down to RMB651.5 million (US$99.8 million) from RMB1,055.9 million in Q4 2019. For the full year, net revenues decreased by 11.7% to RMB15,024.2 million (US$2,302.6 million). Despite challenges, Momo announced a $0.64 special cash dividend per ADS, payable on April 30, 2021. The expected revenue for Q1 2021 ranges from RMB3.36 billion to RMB3.46 billion, reflecting a decline of 3.7% to 6.5% year-over-year.

Momo Inc. (Nasdaq: MOMO), a leading mobile social and entertainment platform in China, will announce its unaudited financial results for Q4 and full year 2020 on March 25, 2021, before U.S. markets open. An earnings conference call will take place at 8:00 a.m. ET on the same day. Due to COVID-19, preregistration is required to access the call. Participants can register online to receive dial-in details. A replay will be available until April 1, 2021. More information can be found on Momo's Investor Relations website.

Momo Inc. (NASDAQ: MOMO) reported its third-quarter 2020 results, revealing a 15.4% decline in net revenues to RMB3,766.7 million (US$554.8 million). Net income dropped to RMB456.7 million (US$67.3 million) compared to RMB893.9 million in Q3 2019. Non-GAAP net income also decreased from RMB1,088.1 million to RMB653.8 million. Monthly Active Users decreased slightly to 113.6 million, and the company expects Q4 revenues to fall by 20%-22% year-over-year. Despite challenges, the CEO noted improvements in the content ecosystem supportive of future growth.

Momo Inc. (Nasdaq: MOMO), a leading mobile social and entertainment platform in China, will release its unaudited financial results for Q3 2020 on December 1, 2020, before U.S. markets open. An earnings conference call will be held on the same day at 8:00 a.m. U.S. Eastern Time. Due to COVID-19, participants must preregister online to receive dial-in details. A replay of the call will be available until December 9, 2020. Momo continues to connect users through various entertainment features, enhancing social interactions across its platforms.

Momo Inc. (Nasdaq: MOMO) announced a leadership change, with Li Wang being promoted to Chief Executive Officer effective November 1, 2020. Previously the President and Chief Operating Officer, Wang has been with the company since its founding in 2011. Yan Tang will transition to the role of executive chairman, continuing to influence Momo's strategic direction. This change marks a significant shift in leadership, with expectations of enhanced operational execution and innovation within the company.