Loading...Loading...To gain an edge, this is what you need to know today.Canary In The Coal MinePlease click here for an enlarged chart of SPDR S&P 500 ETF Trust SPY which represents the benchmark stock market index S&P 500 (SPX).Note the following: The chart shows that the stock market continues to move higher. On SPY, $550 is the magnet for short term traders. The chart shows that the market is now significantly above the support zone. This illustrates that in the middle of the AI buying frenzy, if the mo ...

交银国际研究 公司更新 互联网 收盘价 目标价 潜在涨幅 2024年5月29日 美元4.84 美元5.90↓ +21.9% 挚文集团 (MOMO US) 核心业务收入仍承压，下半年降幅有望收窄  1季度运营利润超预期：2024年1季度收入25.6亿元（人民币，下同）， 个股评级 同/环比降9%/15%，略超我们/市场预期3%/4%。经调整运营利润 5.2亿元， 中性 同比降1% ，好于市场预期的4.4亿元，对应经调整运营利润率20%，同比 优化2个百分点，受益于陌陌和探探分成优化及营销费用控制，部分被新 1年股价表现 独立应用分成提升所抵消。经调整净利润5.1亿元（剔除4.5亿元预提税 MOMO US 项）影响，同比+26%，好于我们和市场预期的4.1亿元。 30% MSCI中国指数 20%  运营调整影响持续，陌陌/探探收入仍承压。陌陌主站：1季度直播/增值 10% 收入同比降11%/15%，主要受赛事收缩以及社交消费情绪疲弱影响，公司 0% -10% 增加优质内容供给及新互动玩法，部分弥补流水下滑，或拉动2季度恢复 -20% -30% 环比增长。新应用：收入维持强劲同比增势（52%），受益于海外社交产 ...

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 participa ...

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. Net income attributable to Hello Group Inc. decreased to RMB5.2 million (US$0.7 million) in the first quar ...

BEIJING, April 26, 2024 /PRNewswire/ -- Hello Group Inc. (NASDAQ: MOMO) ("Hello Group" or the "Company"), a leading mobile social and entertainment platform in China, today filed with the U.S. Securities and Exchange Commission its annual report on Form 20-F for the fiscal year ended December 31, 2023. The annual report can be accessed on the Company's investor relations website at https://ir.hellogroup.com/ or on the SEC's website at https://www.sec.gov. The Company will provide a hard copy of its annual r ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 or ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 or ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIE ...

Investment Rating - Neutral rating for Momo Group (MOMO US) with a target price of $6.60, implying a potential upside of 10.7% [1][2] Core Views - Momo's Q4 2023 revenue of RMB 3.0 billion slightly exceeded expectations, down 7% YoY and 1% QoQ [1] - Adjusted net profit of RMB 520 million in Q4 2023, 6% above expectations, with adjusted net margin improving to 17% YoY [1] - Weak consumer sentiment in live streaming and social spending continues to pressure Momo and Tantan revenues [1] - Momo's main platform revenue declined 9% YoY in Q4 2023 due to reduced live streaming gifting and social spending [1] - Tantan revenue dropped 21% YoY in Q4 2023, with MAU continuing to decline and paying members decreasing by 200k QoQ [1] - New applications revenue grew 43% YoY and 8% QoQ, driven by rapid growth of overseas social product Soulchill [1] Financial Projections - 2024 revenue guidance of RMB 24.5-25.5 billion for Q1, below previous expectations by 4-7% [2] - Momo main platform revenue expected to decline 15% YoY in 2024 due to reduced event operations [2] - Tantan revenue projected to drop 22% YoY in 2024 as focus shifts to exploring commercialization models [2] - Adjusted operating margin expected to decline to 18% in 2024, down 3 percentage points YoY [2] - 2024 revenue forecast of RMB 10.7 billion, down 10.9% YoY [4] - 2024 net profit forecast of RMB 1.7 billion, down 20.5% YoY [4] Valuation and Shareholder Returns - Target price reduced to $6.60 based on 5x 2024 P/E ratio, down from $8.30 [2] - Share price has corrected 22% post-earnings, largely reflecting profit downgrade and dividend cut [2] - Net cash position of $1.6 billion as of end-2023, representing 140% of market cap [2] - Shareholder returns remain attractive with 9% dividend yield and $290 million buyback plan [2] Operational Metrics - Momo's live streaming revenue declined 9% YoY in Q4 2023 [1] - Tantan's live streaming revenue dropped 39% YoY in Q4 2023 [8] - Momo's VAS revenue decreased 10% YoY in Q4 2023 [1] - Tantan's VAS revenue fell 13% YoY in Q4 2023 [8] - Marketing expenses as percentage of revenue improved by 3 percentage points YoY and 2 percentage points QoQ [1]

Exhibit 99.1 Hello Group Inc. Announces Unaudited Financial Results for the Fourth Quarter and Fiscal Year 2023 BEIJING, CHINA, March 14, 2024 – Hello Group Inc. (NASDAQ: MOMO) ("Hello Group" or the "Company"), a leading mobile social and entertainment platform in China, today announced its unaudited financial results for the fourth quarter and the full year ended December 31, 2023. Fourth Quarter of 2023 Highlights • Net revenues decreased by 6.5% year over year to RMB3,002.9 million (US$423.0 million*) in ...

Hello Group Inc. (NASDAQ:MOMO) Q4 2023 Earnings Conference Call March 14, 2024 8:00 AM ET Company Participants Ashley Jing - Head of IR Yan Tang - CEO Zhang Sichuan - COO Hui Peng - CFO Conference Call Participants Xueqing Zhang - CICC Henry Chen - JPMorgan Leo Chiang - Deutsche Bank Raphael Chen - BOCI Research Operator Ladies and gentlemen, thank you for standing by. And welcome to the Fourth Quarter and Fiscal Year 2023 Hello Group Inc. Earnings Conference Call. [Operator Instructions] Please note this c ...

Hello Group Inc. Sponsored ADR (MOMO) came out with quarterly earnings of $0.37 per share, missing the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.36 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.50%. A quarter ago, it was expected that this company would post earnings of $0.42 per share when it actually produced earnings of $0.42, delivering no surprise.Over the last four quarters, the co ...