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 ...

BEIJING, March 14, 2024 /PRNewswire/ -- 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 the fourth quarter of 2023. Net income attributable to Hello Group Inc. increased to RMB452.5 million ( ...

导语：朱立华是音视频领域顶尖人才，曾主导搭建钉钉的视频系统和会议系统。 雷峰网独家获悉，原挚文集团（陌陌）CTO朱立华已于年前离职，加入Wi-Fi万能钥匙担任CEO。 朱立华是互联网行业内一位技术大拿，曾先后在美国新泽西州普林斯顿研究室、微软硅谷云计算中心工作。微软工作期间，朱立华重点参与了微软云计算项目。 朱立华还是音视频及机器视觉领域的顶级人才，拥有120项全球专利。2016年，朱立华归国加入阿里巴巴，担任音视频委员会主席（P10），帮助阿里巴巴搭建了阿里云视频团队，并孵化了淘宝直播等多个核心业务。 随后，朱立华开始兼管钉钉整体视频架构团队，先后负责钉钉IM聊天和DING业务，做出钉钉群直播、视频会议、机器人、企业支付等产品。一位接近朱立华的人士告诉雷峰网(公众号：雷峰网)，钉钉的视频系统、会议系统基本都是由朱立华主导完成。 离开阿里后，朱立华加入挚文集团，担任CTO职位，负责整个公司的技术团队。 如今，从挚文集团离开的朱立华，更进一步，担任Wi-Fi万能钥匙CEO，有了更多责任，相信他会在技术之外，做出更多成绩。 雷峰网原创文章，未经授权禁止转载。详情见转载须知。 ...

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. U.S. Eastern Time (8:00 p.m. Beijing / Hong Kong Time on the same day).Pr ...

Oscar Wong/Moment via Getty Images Investment Thesis Hello Group's (NASDAQ:MOMO) continuous focus on cutting costs and efficiency improvements yield promising results for the bottom line despite declines in revenue and users. Management continues to be very savvy in milking the cash cow business that is Momo, and profits continue to show despite macroeconomic headwinds in China. Assuming a stable user base and modest revenue declines, I believe Hello Group's profits will likely be substantial going into ...

Hello Group Inc. Sponsored ADR (MOMO) shares ended the last trading session 5.7% higher at $6.17. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 11.7% loss over the past four weeks.The upswing in share price was driven by the launch of the native immersive social app inSpaze for Apple Vision Pro in the United States.inSpaze, the brand-new app specially developed for visionOS, is now available for all Apple Vision ...

BEIJING, Feb. 5, 2024 /PRNewswire/ -- Hello Group Inc. (NASDAQ: MOMO), a leading mobile social and entertainment player in China, has launched the native immersive social app inSpaze for Apple Vision Pro in the U.S. inSpaze, the brand-new app specially developed for visionOS, is now available for all Apple Vision Pro users. With technologies such as 3Ds, Reality Converter, Reality Composer Pro, etc., the native spatial computing app inSpaze allows users to connect with Apple Vision Pro users globally, along ...

One stock that might be an intriguing choice for investors right now is Hello Group Inc. (MOMO) . This is because this security in the Internet – Software space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Intern ...

Hello Group Inc. (NASDAQ:MOMO) Q3 2023 Earnings Conference Call December 8, 2023 8:00 AM ET Company Participants Ashley Jing - Head of IR Yan Tang - CEO Zhang Sichuan - COO Hui Peng - CFO Conference Call Participants Leo Chiang - Deutsche Bank Xueqing Zhang - CICC Thomas Chong - Jefferies Operator Ladies and gentlemen, thank you for standing by, and welcome to Third Quarter 2023 Hello Group Inc. Earnings Conference Call. All participants are in a listen-only mode. There will be a presentation followed by a ...

Revenue Performance - Net revenues decreased by 5.9% year over year to RMB3,042.8 million (US$417.1 million) in Q3 2023[2] - Total net revenues for Q3 2023 were RMB 3,042,847 thousand (US$ 417,057 thousand), a decrease of 5.9% compared to RMB 3,233,021 thousand in Q3 2022[34] - The company expects total net revenues for Q4 2023 to be between RMB2.9 billion to RMB3.0 billion, representing a decrease of 9.7% to 6.6% year over year[22] - Total net revenues for the first nine months of 2023 reached RMB 8,999,391 (US$ 1,233,469), with live video service contributing RMB 4,548,986 (US$ 623,490) and value-added service contributing RMB 4,327,678 (US$ 593,158)[56] - Total net revenues for the first nine months of 2022 were RMB 9,491,514 (US$ 1,334,296), with live video service contributing RMB 4,786,232 (US$ 672,838) and value-added service contributing RMB 4,557,481 (US$ 640,681)[61] Net Income and Profitability - Net income attributable to Hello Group Inc. increased to RMB546.4 million (US$74.9 million) in Q3 2023, up from RMB450.8 million in Q3 2022[2] - Net income attributable to shareholders for Q3 2023 was RMB 546,428 thousand (US$ 74,894 thousand), an increase of 21.2% compared to RMB 450,835 thousand in Q3 2022[34] - Non-GAAP net income attributable to Hello Group Inc. increased to RMB605.9 million (US$83.0 million) in Q3 2023, up from RMB535.8 million in Q3 2022[2] - Comprehensive income attributable to Hello Group Inc. for Q3 2023 was RMB 551,338 thousand (US$ 75,568 thousand), an increase of 119.9% compared to RMB 250,697 thousand in Q3 2022[36] - Net income attributable to Hello Group Inc. on a Non-GAAP basis was RMB 605.9 million (US$ 83.0 million) in Q3 2023, compared to RMB 535.8 million in 2022[42] - Non-GAAP net income for Q3 2023 was RMB 601,637 thousand, with Momo segment contributing RMB 595,876 thousand and Tantan segment contributing RMB 26,604 thousand[49] - Net income for Q3 2023 was RMB 542,165 thousand, with Momo segment contributing RMB 540,008 thousand and Tantan segment contributing RMB 23,000 thousand[46] - Non-GAAP net income for the first nine months of 2023 was RMB 1,704,103 (US$ 233,566), reflecting a strong performance despite challenges in certain segments[59] - Net income (loss) for the first nine months of 2023 was RMB 1,499,226 (US$ 205,485), with Momo contributing RMB 1,471,435 (US$ 205,485) and Tantan contributing RMB 56,577 (US$ 7,764)[56] - Non-GAAP net income for the first nine months of 2022 was RMB 1,083,001 (US$ 152,245), reflecting a decline compared to 2023 due to higher expenses and lower contributions from certain segments[63] - Total net income for the first nine months of 2022 was RMB 1,083,001 (US$ 152,245)[64] - Non-GAAP net income for Momo was RMB 1,727,382, with Tantan reporting a non-GAAP net loss of RMB 316,766[64] User Metrics - Monthly Active Users (MAU) on Tantan app were 15.7 million in September 2023, down from 20.9 million in September 2022[2] - Total paying users for Momo app were 7.8 million in Q3 2023, compared to 8.4 million in Q3 2022[2] Segment Performance - Live video service revenues decreased by 7.6% year over year to RMB1,530.8 million (US$209.8 million) in Q3 2023[5] - Value-added service revenues decreased by 4.6% year over year to RMB1,466.7 million (US$201.0 million) in Q3 2023[6] - Live video service revenue for Q3 2023 was RMB 1,530,797 thousand (US$ 209,813 thousand), a decrease of 7.6% compared to RMB 1,657,531 thousand in Q3 2022[34] - Value-added service revenue for Q3 2023 was RMB 1,466,727 thousand (US$ 201,031 thousand), a decrease of 4.6% compared to RMB 1,537,666 thousand in Q3 2022[34] - Mobile marketing revenue for Q3 2023 was RMB 30,705 thousand (US$ 4,208 thousand), an increase of 8.7% compared to RMB 28,243 thousand in Q3 2022[34] - Total net revenues for Q3 2023 reached RMB 3,042,847 thousand, with Live video service contributing RMB 1,530,797 thousand and Value-added service contributing RMB 1,466,727 thousand[46] - Cost of revenues for Q3 2023 was RMB 1,771,530 thousand, with Momo segment accounting for RMB 1,606,261 thousand and Tantan segment accounting for RMB 145,346 thousand[46] - Research and development expenses for Q3 2023 totaled RMB 201,693 thousand, with Momo segment contributing RMB 151,649 thousand and Tantan segment contributing RMB 50,044 thousand[46] - Sales and marketing expenses for Q3 2023 were RMB 373,942 thousand, with Momo segment accounting for RMB 298,919 thousand and Tantan segment accounting for RMB 71,978 thousand[46] - Non-GAAP income from operations for Q3 2023 was RMB 681,229 thousand, with Momo segment contributing RMB 674,507 thousand and Tantan segment contributing RMB 27,582 thousand[49] - Income from operations for Q3 2023 was RMB 621,757 thousand, with Momo segment contributing RMB 618,639 thousand and Tantan segment contributing RMB 23,978 thousand[46] - Operating income for Momo reached RMB 1,572,131, while Tantan reported a loss of RMB 337,521[64] - Total operating income for the first nine months of 2022 was RMB 1,218,317 (US$ 171,267)[64] - Non-GAAP operating income for Momo was RMB 1,861,408, with Tantan reporting a non-GAAP loss of RMB 315,258[64] - Net income for Momo was RMB 1,438,105, while Tantan recorded a net loss of RMB 339,029[64] Expenses and Costs - Research and development expenses for Q3 2023 were RMB 201,693 thousand (US$ 27,644 thousand), a decrease of 17.7% compared to RMB 245,105 thousand in Q3 2022[34] - Sales and marketing expenses for Q3 2023 were RMB 373,942 thousand (US$ 51,253 thousand), a decrease of 19.9% compared to RMB 467,012 thousand in Q3 2022[34] - Research and development expenses on a Non-GAAP basis were RMB 186.7 million (US$ 25.6 million) in Q3 2023, down from RMB 223.4 million in 2022[42] - General and administrative expenses on a Non-GAAP basis were RMB 76.5 million (US$ 10.5 million) in Q3 2023, compared to RMB 82.6 million in 2022[42] - Total cost and expenses for Q3 2023 were RMB 2,461,061 thousand, with Momo segment accounting for RMB 2,162,168 thousand and Tantan segment accounting for RMB 273,024 thousand[46] - Research and development expenses for the first nine months of 2023 totaled RMB 653,145 (US$ 89,521), indicating continued investment in innovation[56] - Total cost and expenses for the first nine months of 2023 amounted to RMB 7,395,656 (US$ 1,013,660), with cost of revenues being the largest component at RMB 5,255,277 (US$ 720,296)[56] - Research and development expenses for the first nine months of 2022 totaled RMB 733,562 (US$ 103,123), showing a decrease compared to 2023[61] Cash Flow and Financial Position - Net cash provided by operating activities in Q3 2023 was RMB582.5 million (US$79.8 million), up from RMB444.5 million in Q3 2022[18] - Net cash provided by operating activities increased to RMB 582.5 million (US$ 79.8 million) in Q3 2023, up from RMB 444.5 million in 2022[40] - Net cash used in investing activities was RMB 346.8 million (US$ 47.5 million) in Q3 2023, compared to a net cash outflow of RMB 24.3 million in 2022[40] - Proceeds from long-term borrowings in Q3 2023 were RMB 2.15 billion (US$ 295.2 million), contributing to a net cash inflow from financing activities of RMB 2.01 billion (US$ 275.3 million)[40] - Cash, cash equivalents, and restricted cash at the end of Q3 2023 stood at RMB 7.64 billion (US$ 1.05 billion), up from RMB 3.62 billion at the end of 2022[40] - Cash and cash equivalents decreased from RMB 5,018,129 in December 2022 to RMB 4,994,558 in September 2023, a decrease of 0.47%[38] - Short-term deposits decreased significantly from RMB 5,300,000 in December 2022 to RMB 1,885,005 in September 2023, a decrease of 64.43%[38] - Total current assets decreased from RMB 11,724,547 in December 2022 to RMB 8,109,557 in September 2023, a decrease of 30.83%[38] - Long-term deposits increased from RMB 2,600,000 in December 2022 to RMB 3,809,200 in September 2023, an increase of 46.51%[38] - Total assets increased slightly from RMB 15,829,587 in December 2022 to RMB 16,171,417 in September 2023, an increase of 2.16%[38] - Total current liabilities decreased from RMB 4,738,247 in December 2022 to RMB 2,179,949 in September 2023, a decrease of 53.99%[38] - Long-term borrowings increased from RMB 0 in December 2022 to RMB 1,938,385 in September 2023[38] - Shareholder's equity increased from RMB 10,930,638 in December 2022 to RMB 11,719,168 in September 2023, an increase of 7.21%[38] - Accounts receivable increased slightly from RMB 188,711 in December 2022 to RMB 192,849 in September 2023, an increase of 2.19%[38] - Property and equipment, net increased from RMB 172,984 in December 2022 to RMB 358,361 in September 2023, an increase of 107.17%[38] Share Repurchase and Compensation - As of December 8, 2023, the company has repurchased 16.2 million ADSs for US$86.1 million under its share repurchase program[21] - Share-based compensation for Q3 2023 was RMB 59.5 million (US$ 8.2 million), a decrease from RMB 85.0 million in 2022[42] - Share-based compensation for Q3 2023 totaled RMB 59,472 thousand, allocated across cost of revenues (RMB 1,211 thousand), R&D (RMB 14,993 thousand), sales and marketing (RMB 5,854 thousand), and general and administrative expenses (RMB 37,414 thousand)[47] - Share-based compensation allocated to cost of revenues and operating expenses for the first nine months of 2023 was RMB 204,877 (US$ 28,081)[57] - Share-based compensation for Momo was RMB 289,277, and Tantan reported RMB 22,263[64] - Total share-based compensation for the first nine months of 2022 was RMB 311,540 (US$ 43,797)[64] Depreciation and Other Financial Metrics - Depreciation of property and equipment decreased to RMB 17.5 million (US$ 2.4 million) in Q3 2023, down from RMB 27.0 million in 2022[40] - Income from operations on a Non-GAAP basis increased to RMB 681.2 million (US$ 93.4 million) in Q3 2023, up from RMB 605.1 million in 2022[42] - As of September 30, 2023, the number of ordinary shares outstanding was 379,881,912[37]