Shares of Momo (NASDAQ: MOMO)surged 27% last week, after the Chinese company's first-quarter numbers crushed analyst estimates. Revenue rose 64% annually to $435 million, beating estimates by nearly $39 million. Its non-GAAP net earnings jumped 57% to $0.69 per ADS -- topping expectations by $0.19. Momo also offered a rosy forecast for 51% to 55% sales growth for the second quarter.
4 Reasons I'm Thinking of Buying Momo Stock
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