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Wednesday, March 7, 2018

=Momo (MOMO) reported earnings on Wed 7 March 2018 (b/o)

Momo beats by $0.07, beats on revs; guides Q1 revs above consensus 
  • Reports Q4 (Dec) earnings of $0.53 per share, $0.07 better than the Capital IQ Consensus of $0.46; revenues rose 57.0% year/year to $386.4 mln vs the $381.17 mln Capital IQ Consensus.
    • Monthly Active Users were 99.1 million in December 2017, compared to 81.1 million in December 2016
  • Co issues upside guidance for Q1, sees Q1 revs of $387-402 mln vs. $351.77 mln Capital IQ Consensus Estimate.

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