Brief: Hello Group Inc. Announces Unaudited Financial Results For The First Quarter Of 2023

Hello

06/06/2023 08:34

June 6 (Reuters) - Hello Group Inc  MOMO.O :
    * ANNOUNCES UNAUDITED FINANCIAL RESULTS FOR THE FIRST
QUARTER OF
2023
    * SEES Q2 REVENUE RMB 3.0 BILLION TO RMB 3.1 BILLION
    * Q1 REVENUE FELL 10.5 PERCENT TO RMB 2.819 BILLION
    * Q1 REVENUE VIEW RMB 2.69 BILLION -- REFINITIV IBES DATA
    * DILUTED NET INCOME PER ADS WAS RMB1.96(US$0.29) IN Q1 OF
2023
    * FOR Q2 OF 2023, COMPANY EXPECTS TOTAL NET REVENUES TO BE
BETWEEN
RMB3.0 BILLION TO RMB3.1 BILLION
    * NON-GAAP DILUTED NET INCOME PER ADS WAS RMB2.36(US$0.34)
IN Q1
OF 2023
    * SAYS MONTHLY ACTIVE USERS ON MOMO APPLICATION WERE 106.5
MILLION
IN MARCH 2023, COMPARED TO 110.9 MILLION IN MARCH 2022
    * FOR MOMO APP TOTAL PAYING USERS WAS 7.8 MILLION FOR Q1 OF
2023,
COMPARED TO 8.6 MILLION FOR SAME PERIOD LAST YEAR

Source text for Eikon:  ID:nPnbm22Fca 
Further company coverage:  MOMO.O 

 ((Reuters.Briefs@thomsonreuters.com;))