According to the Futubull Financial App, on September 3rd, Hello Group (MOMO.US) announced its financial performance for the second quarter of 2024. The financial report shows that the Q2 net revenue of Hello Group is 2.6914 billion yuan (RMB), a 14% decrease year-on-year, better than the average analyst expectation of 2.665 billion yuan. The net income attributed to Hello Group, measured not in accordance with generally accepted accounting principles in the United States, is 0.4492 billion yuan; the diluted net income per American depositary share (ADS) is 2.38 yuan, better than the average analyst expectation of 2.05 yuan, but lower than the same period last year's 3.14 yuan.

In the second quarter of 2024, the revenue from live streaming services was 1.303 billion yuan, the revenue from value-added services, including revenue from virtual gift services and membership subscription services, was 1.3453 billion yuan, and the revenue from mobile marketing was 42 million yuan.

In the specific products, in the second quarter of 2024, Momo's net revenue was 2.4572 billion yuan, with 7.2 million paying users; TanTan's net revenue was 0.2337 billion yuan, with 1 million paying users.

Looking ahead, Hello Group expects the net revenue for the third quarter to be between 2.58 billion yuan and 2.68 billion yuan, with the average analyst expectation at 2.68 billion yuan.