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Tuesday, November 28, 2017

-=Momo (MOMO) reported earnings on Tue 28 Nov 2017 (b/o)

Momo beats by $0.07, beats on revs; guides Q4 revs in-line 
  • Reports Q3 (Sep) earnings of $0.45 per share, $0.07 better than the Capital IQ Consensus of $0.38; revenues rose 125.5% year/year to $354.1 mln vs the $342.48 mln Capital IQ Consensus.
    • Monthly Active Users were 94.4 million in September 2017, compared to 77.4 million in September 2016
  • Co issues in-line guidancefor Q4, sees Q4 revs of $370-385 mln vs. $380.53 mln Capital IQ Consensus Estimate. 

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