Tiffany Tang

Hello Group Inc. Announces Unaudited Financial Results for the Fourth Quarter and Fiscal Year 2023

Retrieved on: 
Thursday, March 14, 2024
MOMO, PIN, Tiffany Tang, H.10, Active users, Share repurchase, Table, ADS, Translation, Bank statement, Investment, Ecosystem, GAAP, Marketing, Video game

Net income attributable to Hello Group Inc. increased to RMB452.5 million (US$63.7 million) in the fourth quarter of 2023, from RMB398.0 million in the same period of 2022.

Key Points: 
  • Net income attributable to Hello Group Inc. increased to RMB452.5 million (US$63.7 million) in the fourth quarter of 2023, from RMB398.0 million in the same period of 2022.
  • Total net revenues were RMB3,002.9 million (US$423.0 million) in the fourth quarter of 2023, a decrease of 6.5% from RMB3,212.7 million in the fourth quarter of 2022.
  • Income tax expenses were RMB183.4 million (US$25.8 million) in the fourth quarter of 2023, compared to RMB109.4 million in the fourth quarter of 2022.
  • Diluted net income per ADS was RMB2.32 (US$0.33) in the fourth quarter of 2023, compared to RMB2.01 in the fourth quarter of 2022.

Hello Group Inc. Announces Unaudited Financial Results for the Third Quarter of 2023

Retrieved on: 
Friday, December 8, 2023
Tiffany Tang, Bank statement, Investment, Share repurchase, PIN, ADS, Ecosystem, Marketing, H.10, Active users, GAAP, Translation, Table, MOMO, Video game, Beauty salon, Security (finance), Cryptocurrency, Bank, Internet service provider, Tan-Tan, Momo, Renminbi

BEIJING, Dec. 8, 2023 /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 third quarter of 2023.

Key Points: 
  • BEIJING, Dec. 8, 2023 /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 third quarter of 2023.
  • Net income attributable to Hello Group Inc. increased to RMB546.4 million (US$74.9 million) in the third quarter of 2023, from RMB450.8 million in the same period of 2022.
  • "We are pleased to report strong financial results for the third quarter and steady progress on various strategic priorities across all business lines.
  • Net income attributable to Hello Group Inc.
    Net income attributable to Hello Group Inc. was RMB546.4 million (US$74.9 million) in the third quarter of 2023, compared to RMB450.8 million during the same period of 2022.

Hello Group Inc. Announces Unaudited Financial Results for the First Quarter of 2023

Retrieved on: 
Tuesday, June 6, 2023
Pressure, MAU, Table, Share repurchase, Marketing, ADS, Bank statement, GAAP, COVID, MOMO, PIN, Investment, Tiffany Tang, Active users, Growth, Total, Rare-earth element, Beauty salon, Video game, Security (finance), Cryptocurrency, Bank, Internet service provider

BEIJING, June 6, 2023 /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 first quarter of 2023.

Key Points: 
  • BEIJING, June 6, 2023 /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 first quarter of 2023.
  • Net income attributable to Hello Group Inc. increased to RMB390.3 million (US$56.8 million) in the first quarter of 2023, from RMB289.9 million in the same period of 2022.
  • Total net revenues were RMB2,818.9 million (US$410.5 million) in the first quarter of 2023, a decrease of 10.5% from RMB3,148.1 million in the first quarter of 2022.
  • Net income attributable to Hello Group Inc.
    Net income attributable to Hello Group Inc. was RMB390.3 million (US$56.8 million) in the first quarter of 2023, compared to RMB289.9 million during the same period of 2022.

Hello Group Inc. Announces Unaudited Financial Results for the Fourth Quarter and Fiscal Year 2022

Retrieved on: 
Thursday, March 16, 2023
Table, H.10, PIN, Share repurchase, Tiffany Tang, Translation, MAU, NYSE, ADS, MOMO, Active users, Asset, Investment, WFOE, Bank statement, GAAP, Growth, Normal school, Marketing, Federal Reserve Board of Governors, Total, Infection, Pressure, NetEase, South China Normal University, Video game, Cryptocurrency, Music, Management, Risk management, Bank, Internet service provider, COVID, Renminbi, Media (communication)

Net revenues decreased by 12.6% year over year to RMB3,212.7 million (US$465.8 million*) in the fourth quarter of 2022.

Key Points: 
  • Net revenues decreased by 12.6% year over year to RMB3,212.7 million (US$465.8 million*) in the fourth quarter of 2022.
  • Mobile games revenues were RMB5.3 million (US$0.8 million) in the fourth quarter of 2022, a decrease of 72.4% from RMB19.3 million in the fourth quarter of 2021.
  • Income tax expenses were RMB109.4 million (US$15.9 million) in the fourth quarter of 2022, compared to RMB296.5 million in the fourth quarter of 2021.
  • Non-GAAP net income from the Momo segment was RMB480.5 million (US$69.7 million) in the fourth quarter of 2022, which increased from RMB415.8 million in the fourth quarter of 2021.