Shares of Momo ( MOMO), a mobile-based social networking platform in the People's Republic of China, are moving higher in afternoon trading after the company reported first-quarter earnings way ahead of analyst estimates. The company reported quarterly earnings per share of 69c, compared to estimates of 50c, on revenue of $ 435M, up 64% vs.
a year earlier and above estimates of $396.28M. Momo said it anticipates Q2 revenue $470M-$485M, against a consensus of $429.34M.Chinese Social Networking Company Momo Jumps After Q1 Results
Понравилась статья? Подпишитесь на канал, чтобы быть в курсе самых интересных материалов
Подписаться