MOMO Stock Recent News

Hello Group is a China-based social media company with popular apps like Momo and TanTan, generating significant cash flow and boasting a strong balance sheet. Despite concerns about lack of growth and inconsistent dividends, Hello Group's stock is trading below book value and at single-digit P/E ratios, making it a potential value play. Investors should keep an eye on interest rates, currency risks, and geopolitical tensions when considering investing in Hello Group, but the company's potential for growth and profitability make it a buy at current prices.

BEIJING , Aug. 15, 2024 /PRNewswire/ -- Hello Group Inc. (NASDAQ: MOMO) (the "Company"), a leading player in mainland China's online social networking space, today announced that it will release its unaudited financial results for the second quarter ended June 30, 2024 before U.S. markets open on Tuesday, September 3, 2024. Hello Group's management will host an earnings conference call on Tuesday, September 3, 2024, at 8:00 a.m.

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Hello Group Inc. (NASDAQ:MOMO ) Q1 2024 Earnings Conference Call May 28, 2024 8:00 AM ET Company Participants Ashley Jing - Investor Relations Sichuan Zhang - Chief Operating Officer Hui Peng - Chief Financial Officer Yan Tang - Chief Executive Officer Conference Call Participants Xueqing Zhang - CICC Raphael Chen - BOCI Research Henry Sun - JPMorgan Operator Ladies and gentlemen, thank you for standing by, and welcome to the First Quarter 2024 Hello Group Incorporated Earnings Conference Call. All participants are in a listen-only mode.

BEIJING , May 28, 2024 /PRNewswire/ -- Hello Group Inc. (NASDAQ: MOMO) ("Hello Group" or the "Company"), a leading player in mainland China's online social networking space, today announced its unaudited financial results for the first quarter of 2024.   First  Quarter of 2024 Highlights Net revenues decreased by 9.2% year over year to RMB2,560.4 million (US$354.6 million*) in the first quarter of 2024.

BEIJING , May 10, 2024 /PRNewswire/ -- Hello Group Inc. (NASDAQ: MOMO) (the "Company"), a leading player in mainland China's online social networking space, today announced that it will release its unaudited financial results for the first quarter ended March 31, 2024 before U.S. markets open on Tuesday, May 28, 2024. Hello Group's management will host an earnings conference call on Tuesday, May 28, 2024, at 8:00 a.m.

Hello Group Inc. (MOMO) Q4 2023 Earnings Call Transcript

BEIJING , Feb. 22, 2024 /PRNewswire/ -- Hello Group Inc. (NASDAQ: MOMO) (the "Company"), a leading mobile social and entertainment platform in China, today announced that it will release its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023 before U.S. markets open on Thursday, March 14, 2024. Hello Group's management will host an earnings conference call on Thursday, March 14, 2024, at 8:00 a.m.

Hello Group's cost-cutting initiatives are working miracles for earnings. Top-line growth will likely stabilize due to new apps gaining traction and the potential revamp of Tantan. Management can repurchase shares to drive EPS growth despite declines in revenue.

Hello Group Inc. Sponsored ADR (MOMO) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.