Reports Q2 revenue $432.71M, consensus $416.83M. Monthly active users, or MAU, on Tantan application were 17.3M. For the Momo app total paying users was 7.9M. “We delivered solid results in the second quarter, with strong financial performance and good progress on the execution of our various strategic priorities.” Commented Yan Tang, chairman and CEO of Hello Group.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on MOMO: