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Hello Group reports Q2 non-GAAP EPS 33c, consensus 28c

Reports Q2 revenue $370.3M, consensus $376.3M. “Q2 was a good quarter. I am pleased to see that our team has maintained the spirit of innovation and adaptation in a challenging environment,” commented CEO Yan Tang. “Momo‘s cash cow business continued to be productive in a healthy community ecosystem. Regarding new endeavors, while strengthening the localization progress, we are more convinced of the revenue growth opportunities in overseas market.”

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