Welcome to our dedicated page for Hello Group news (Ticker: MOMO), a resource for investors and traders seeking the latest updates and insights on Hello Group stock.
Hello Group Inc. (NASDAQ: MOMO) is a mobile-based social networking and social entertainment company best known for its Momo and Tantan applications. The company regularly publishes detailed earnings releases and operational updates, making MOMO news relevant for investors tracking developments in Asia’s online social networking space.
On this page, readers can follow Hello Group news focused on its value-added services, user metrics and geographic revenue mix. The company’s quarterly press releases discuss trends in virtual gift revenues, membership subscription revenues, and other services such as mobile marketing services, mobile games and related offerings. They also highlight user indicators for the Momo app and Tantan app, including paying users and, in some periods, monthly active users.
Hello Group’s news flow frequently covers the performance of its mainland China businesses and the growth of its overseas apps, including social entertainment and dating brands and audio- and video-based products. Management commentary in these releases often addresses product adjustments on the Momo app, the role of Momo as a cash-generating business, and the contribution of newer standalone apps such as Soulchill and other emerging brands.
Investors following MOMO stock can also use the news stream to monitor announcements about share repurchase programs, special cash dividends and changes in segment reporting, as described in the company’s earnings communications. Regular updates on net revenues from the Chinese mainland versus overseas, cost and expense trends, and non-GAAP financial measures provide additional context for understanding Hello Group’s operating performance.
By reviewing the latest Hello Group Inc. news here, users can track how the company’s portfolio of social and entertainment apps evolves over time, how its revenue composition shifts between domestic and overseas markets, and how management responds to macroeconomic conditions and regulatory developments as disclosed in its official press releases.
Hello Group Inc. (NASDAQ: MOMO) filed its annual report on Form 20-F for the fiscal year ended December 31, 2021. This report is available on the Company's investor relations website and via the SEC's website. Shareholders can request a free hard copy of the report, containing audited consolidated financial statements. Hello Group operates popular social and entertainment platforms in China, including Momo and Tantan, aimed at enhancing social interactions and relationship-building among users.
Hello Group (NASDAQ: MOMO) reported its Q4 and full-year 2021 financial results, with net revenues decreasing by 3.2% year-over-year to RMB3,674.2 million (US$576.6 million). A significant net loss of RMB4,242.7 million (US$665.8 million) was recorded for Q4, attributed mainly to an impairment loss of RMB4,397.0 million (US$690.0 million). Full-year revenues also fell by 3.0% to RMB14,575.7 million (US$2,287.2 million). Looking ahead, the company anticipates Q1 2022 revenues between RMB3.1 billion and RMB3.2 billion, indicating a potential decline of up to 10.7% year-over-year.
Hello Group Inc. (NASDAQ: MOMO) will release its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2021, on March 24, 2022, before U.S. markets open. An earnings conference call will be hosted that same day at 8:00 a.m. U.S. Eastern Time. Due to COVID-19, participants must preregister online to join the call. A replay of the call will be available until April 1, 2022. Live and archived webcasts can be accessed via Hello Group's Investor Relations website.
Hello Group Inc. (NASDAQ: MOMO) reported third-quarter 2021 results showing a 0.2% decline in net revenues year-over-year to RMB3,759.2 million (US$583.4 million). Net income attributable to the company decreased to RMB403.2 million (US$62.6 million) from RMB456.7 million in 2020. Monthly Active Users on the Momo app grew to 115.5 million in September. The company expects Q4 2021 total net revenues to range between RMB3.60 billion to RMB3.75 billion, indicating a 5.1% to 1.2% decline year-over-year.
Hello Group Inc. (NASDAQ: MOMO) will announce its third-quarter financial results for the period ending September 30, 2021, on November 30, 2021, prior to U.S. market opening. A conference call will take place on the same day at 8:00 a.m. U.S. Eastern Time. Due to COVID-19, preregistration is required to participate. After the call, a replay will be available until December 8, 2021. Hello Group is known for its mobile social and entertainment platform, which includes applications like Momo and Tantan.
Hello Group Inc. (NASDAQ: MOMO) reported its Q2 2021 financial results, revealing a 5.1% year-over-year decrease in net revenues to RMB3,671.7 million (US$568.7 million). Despite this decline, net income attributable to the Company rose to RMB464.2 million (US$71.9 million) from RMB456.4 million in Q2 2020. Non-GAAP net income fell to RMB551.0 million (US$85.3 million). Monthly active users reached 115.6 million, up from 111.5 million in June 2020. The Company forecasts Q3 revenues between RMB3.65 billion and RMB3.75 billion, indicating a potential decline of up to 3.1% year-over-year.
Hello Group Inc. (NASDAQ: MOMO), a leading mobile social and entertainment platform in China, will release its second quarter financial results for 2021 on August 26, 2021, before U.S. markets open. Management will host an earnings call at 8:00 a.m. U.S. Eastern Time, on the same day. Due to COVID-19, participants must preregister online for dial-in details. A replay will be accessible until September 3, 2021. The company operates various apps, including Momo and Tantan, facilitating social interactions and connections.
Hello Group Inc. (NASDAQ: MOMO) announced a corporate name change from Momo Inc. to Hello Group Inc., effective August 2, 2021. The company's American depositary shares, each representing two Class A ordinary shares, will begin trading under the new name on the same day. Hello Group is a significant player in China’s online social and entertainment sector, operating platforms such as Momo and Tantan, which facilitate social interactions and dating.
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.