Momo

This is a discussion on Momo within the Stocks forums, part of the Markets category; After Momo reported its Q1 results, its stock price increased 11%. The company recorded a 64% year-on-year revenue growth and ...

Reply
 
LinkBack Thread Tools Search this Thread
Old May 30, 2018, 1:32pm   #1
Joined Mar 2018
Momo

After Momo reported its Q1 results, its stock price increased 11%. The company recorded a 64% year-on-year revenue growth and increased Q2 guidance from $470M to $485M.

However, its mobile games revenue declined to $6.6M (-43% year-over-year because of the loss of paying users).
KyleLennon is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
MOMO Inc Going Crazy Stormy42 Stocks 1 Sep 6, 2017 5:35pm

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)