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- NasdaqGS:MOMO
Hello Group Full Year 2024 Earnings: EPS Misses Expectations
Hello Group (NASDAQ:MOMO) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥10.6b (down 12% from FY 2023).
- Net income: CN¥1.04b (down 47% from FY 2023).
- Profit margin: 9.8% (down from 16% in FY 2023). The decrease in margin was driven by lower revenue.
- EPS: CN¥5.63 (down from CN¥10.37 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Hello Group EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.8%.
Looking ahead, revenue is expected to decline by 1.5% p.a. on average during the next 2 years, while revenues in the Interactive Media and Services industry in the US are expected to grow by 10%.
Performance of the American Interactive Media and Services industry.
The company's shares are down 10% from a week ago.
Risk Analysis
You should learn about the 2 warning signs we've spotted with Hello Group.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NasdaqGS:MOMO
Hello Group
Provides mobile-based social and entertainment services in the People’s Republic of China.
Excellent balance sheet and good value.
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