Exhibit 99.1 Hello Group Inc. Announces Unaudited Financial Results for the First Quarter of 2023 BEIJING, CHINA, June 6, 2023 – 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 first quarter of 2023. First Quarter of 2023 Highlights • Net revenues decreased by 10.5% year over year to RMB2,818.9 million (US$410.5 million*) in the first quarter of 2023. • Net income attributab ...

Hello Group Inc. (NASDAQ:MOMO) Q4 2023 Earnings Conference Call June 6, 2023 8:00 AM ET Company Participants Ashley Jing - Head of Investor Relations Tang Yan - Chief Executive Officer Peng Hui - Chief Financial Officer Conference Call Participants Xueqing Zhang - CICC Raphael Chen - BOCI Thomas Chong - Jefferies Operator Ladies and gentlemen, thank you for standing by, and welcome to the First Quarter 2023 Hello Group, Inc. Earnings Conference Call. Please note the conference is being recorded today. I wou ...

Revenue and Financial Performance - Revenues from consolidated affiliated entities accounted for 99.2%, 98.4%, and 95.7% of total revenues for the years ended December 31, 2020, 2021, and 2022, respectively [15]. - Total third-party revenues for Hello Group Inc. reached RMB 12,704,172 thousands, with a significant contribution from other subsidiaries amounting to RMB 549,310 thousands [35]. - The net income attributable to Hello Group's shareholders was RMB 1,484,283 thousands, reflecting a strong performance despite the challenges faced [35]. - Total costs and expenses amounted to RMB 11,097,261 thousands, indicating a comprehensive management of operational expenditures [35]. - The company reported inter-company revenues of RMB 4,134,173 thousands, highlighting substantial internal transactions [35]. - Net revenues for the year ended December 31, 2020, were RMB 15,024,188 thousand, a decrease from RMB 17,015,089 thousand in 2019, representing a decline of approximately 11.7% [49]. - The cost of revenues for 2020 was RMB 7,976,781 thousand, compared to RMB 8,492,096 thousand in 2019, reflecting a decrease of about 6.1% [49]. - Net income attributable to Hello Group Inc. for 2020 was RMB 2,103,484 thousand, down from RMB 2,970,890 thousand in 2019, a decline of about 29.1% [49]. - Basic net income per share attributable to ordinary shareholders for 2020 was RMB 5.05, compared to RMB 7.15 in 2019, a decrease of approximately 29.4% [49]. - The company reported a net cash provided by investing activities of RMB 1,963,939 thousand for Hello Group Inc. [43]. Dividends and Cash Flow - Cash dividends declared and distributed by Hello Group Inc. were US$158.6 million, US$132.0 million, and US$127.3 million for the years ended December 31, 2020, 2021, and 2022, respectively [24]. - Beijing Momo IT declared and distributed dividends of RMB2,200.0 million, RMB1,300.0 million, and RMB3,600.0 million (US$522.0 million) for the years ended December 31, 2020, 2021, and 2022, respectively [25]. - Cash dividends received from subsidiaries totaled RMB 1,153,506 thousand for Hello Group Inc. and RMB 1,300,000 thousand for other subsidiaries [43]. - Total cash dividends received from subsidiaries amounted to RMB 1,976,631 thousand in 2020, while cash dividends paid to Hello Group Inc. were RMB 1,976,631 thousand [44]. - The total amount restricted for remittance of dividends by mainland China subsidiaries was RMB1.5 billion (US$0.2 billion) as of December 31 for the years 2020, 2021, and 2022 [24]. Regulatory and Compliance Risks - The PCAOB's ability to inspect auditors in mainland China and Hong Kong may impact the trading of Hello Group Inc.'s shares under the Holding Foreign Companies Accountable Act [22]. - The company may face risks related to regulatory approvals and oversight in mainland China, which could materially affect operations and the value of its ADSs [20]. - The company is focusing on technological advancements and research to drive innovation and competitiveness in the market [36]. - The mainland China government has increased focus on environmental, social, and governance (ESG) issues, which may impose additional costs and risks on the company [159]. - The company faces significant risks related to regulatory compliance and market dynamics, which could adversely affect its operations and financial performance [57]. - The company is actively monitoring the evolving regulatory environment to mitigate risks associated with compliance and operational challenges [90]. - The company faces uncertainties regarding the interpretation and enforcement of new data protection laws, which could impact future business operations [86]. - The company must obtain and maintain required licenses and approvals to avoid penalties that could disrupt business operations [95]. Operational Challenges and Market Dynamics - The company is facing intensified government regulations in mainland China that could restrict user traffic and spending on its platform, negatively impacting business operations and financial condition [90]. - User engagement and retention are critical for the company's success, with potential risks associated with declining user base and engagement levels [61]. - The mobile social and dating industry is highly competitive, with low switching costs for consumers, which may lead to a decrease in user engagement if competitors offer more appealing features [107]. - The company may face increasing costs and expenses as it seeks to broaden its user base and enhance user engagement, potentially leading to significant future losses if revenues do not keep pace [128]. - The COVID-19 pandemic has negatively impacted user demand for social network platforms, contributing to a decrease in revenues from live video services in 2020, 2021, and 2022 [156]. - The company anticipates that the ongoing effects of COVID-19 may continue to adversely affect its business, financial condition, and results of operations in the current and future years [157]. Strategic Initiatives and Future Outlook - Future outlook includes potential market expansion and new product development strategies to enhance revenue streams [36]. - The company plans to continue investing in research and development to enhance its product offerings and market position [49]. - The company plans to continue exploring new monetization models and launching new services to diversify revenue streams [65]. - The company plans to continue significant investments in expanding live video services despite declining profitability from the virtual items-based revenue model [72]. - The ability to maintain and increase the number of paying users is critical for future growth, with risks of user attrition due to shifting interests [74]. Asset and Liability Management - Cash and cash equivalents stood at RMB 5,018,129 thousands, providing a solid liquidity position for future investments [39]. - Total assets were reported at RMB 15,829,587 thousands, showcasing the company's robust asset base [39]. - The total liabilities amounted to RMB 4,898,949 thousands, indicating a manageable debt level relative to assets [39]. - Total assets amounted to RMB 18,111,238 thousand, with Hello Group Inc. contributing RMB 14,661,087 thousand [40]. - Total liabilities reached RMB 7,525,641 thousand, with non-current liabilities at RMB 5,009,876 thousand [40]. - Total shareholders' equity was RMB 10,585,597 thousand, with Hello Group Inc. contributing RMB 9,994,521 thousand [40]. Acquisitions and Integration - The acquisition of Tantan was completed in May 2018 for approximately 5.3 million newly issued Class A ordinary shares and US$613.2 million in cash, presenting significant integration challenges [105]. - Tantan has historically not been profitable since its monetization began in July 2017, and considerable expenditures are required to attract and retain users [110]. - The acquisition of Tantan, which has historically not been profitable, may negatively impact the company's financial performance if Tantan continues to incur losses [130]. Cybersecurity and Data Protection - The Cybersecurity Review Measures require network platform operators holding personal information of over one million users to undergo a cybersecurity review before any initial public offering at a foreign stock exchange, introducing substantial uncertainties [203]. - The company has implemented procedures to monitor content on its platform to comply with relevant laws, but risks remain regarding potential penalties for non-compliance [101]. - The company has not been involved in any formal investigations regarding cybersecurity review as of the date of the report [86].

Hello Group Inc. (NASDAQ:MOMO) Q4 2022 Results Conference Call March 16, 2023 8:00 AM ET Company Participants Ashley Jing - Head, IR Tang Yan - CEO Peng Hui - CFO Conference Call Participants Leo Chiang - Deutsche Bank Thomas Chong - Jefferies Xueqing Zhang - CICC Henry So - JPMorgan Operator Ladies and gentlemen, thank you for standing by, and welcome to Fourth Quarter and Fiscal Year 2022 Hello Group Inc. Earnings Conference Call. All participants are in a listen-only mode. There will be a presentation fo ...

Exhibit 99.1 Hello Group Inc. Announces Unaudited Financial Results for the Fourth Quarter and Fiscal Year 2022 BEIJING, CHINA, March 16, 2023 – 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, 2022. Fourth Quarter of 2022 Highlights • Net revenues decreased by 12.6% year over year to RMB3,212.7 million (US$465.8 million*) i ...

Hello Group Inc. (NASDAQ:MOMO) Q3 2022 Results Conference Call December 8, 2022 8:00 AM ET Company Participants Ashley Jing - Head, IR Tang Yan - CEO Peng Hui - CFO Conference Call Participants Thomas Chong - Jefferies Leo Chiang - Deutsche Bank Henry Wibowo - JP Morgan Raphael Chen - BOCI Xueqing Zhang - CITC Operator Ladies and gentlemen, thank you for standing by, and welcome to Third Quarter 2022 Hello Group Inc. Earnings Conference Call. All participants are in a listen-only mode. There will be a prese ...

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