Chinese Social Media Company Hello Group Gains After Q3 Print, CEO Flags Overseas Growth
Chinese Social Media Company Hello Group Gains After Q3 Print, CEO Flags Overseas Growth
Hello Group Inc (NASDAQ:MOMO) reported a fiscal third-quarter fiscal 2024 net revenue decline of 12.1% year-on-year to $381.14 million, beating the analyst consensus estimate of $366.41 million.
摯文集團有限公司（納斯達克：MOMO）報告了2024財政年度第三季度營業收入同比下降12.1%，爲38114萬，超出分析師一致預期的36641萬。
China's mobile-based social and entertainment services provider reported an adjusted net income per ADS of $0.38, beating the analyst consensus estimate of $0.27. The stock price gained after the results.
中國一家基於移動的社交和娛樂服務提供商報告了每個ADS調整後淨利潤爲0.38美元，超出分析師一致預期的0.27美元。結果公佈後，股價上漲。
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另請閱讀：在關鍵經濟政策會議之前， 美國上市的中國股票上漲；投資者關注刺激計劃。
Drivers: Monthly Active Users (MAU) on the Tantan application were 12.0 million in September 2024, down from 15.7 million a year ago.
驅動因素：截至2024年9月，Tantan應用程序的月活躍用戶數爲1200萬，低於一年前的1570萬。
Momo app's total number of paying users declined to 6.9 million in the quarter from 7.8 million a year ago. Tantan had 0.9 million paying users in the quarter, down from 1.4 million a year ago.
Momo應用的付費用戶總數在本季度下降至690萬，而去年爲780萬。Tantan在本季度的付費用戶爲90萬，低於一年前的140萬。
Segments: Revenues from the Live video service declined by 16.0% Y/Y to $183.3 million, Total value-added service decreased by 7.5% Y/Y to $193.3 million, and Mobile marketing remained flat Y/Y at $4.4 million.
細分市場：來自直播視頻服務的營業收入同比下降16.0%，爲18330萬，增值服務總收入同比下降7.5%，爲19330萬，移動營銷保持在440萬，無同比變化。
Net revenues from the Momo segment declined by 10.2% Y/Y to $350.9 million, primarily due to the decrease in net revenues from value-added service and live video service on Momo app. The Tantan segment revenues decreased by 28.1% to $30.2 million.
Momo細分市場的淨營業收入同比下降10.2%，爲35090萬，主要由於Momo應用增值服務和直播視頻服務的淨營業收入下降。Tantan細分市場的營業收入下降28.1%，爲3020萬。
Adjusted income from operations declined 33.3% to $64.8 million.
調整後的運營收入下降33.3%，爲6480萬。
Hello Group held $2.11 billion in cash and equivalents and generated $48.6 million in operating cash flow.
摯文集團持有21.1億現金及現金等價物，併產生4860萬美元的運營現金流。
Chair and CEO Yan Tang flagged overseas business reaccelerated growth, citing advancing the localization process and expanding its product offering as reasons for continuing to invest firmly in more diversified overseas markets.
董事長兼首席執行官唐妍表示，境外業務重新加速增長，提出推進本地化進程和擴大產品組合是繼續堅定投資於更多樣化境外市場的原因。
Outlook: Hello expects fourth-quarter revenue of 2.56 billion Chinese yuan–2.66 billion Chinese yuan (a decrease of 14.7% – 11.4% year over year) versus the consensus of 2.61 billion Chinese yuan.
展望：摯文集團預計第四季度營業收入將爲25.6億至26.6億人民幣（同比下降14.7%至11.4%），而共識預期爲26.1億人民幣。
The U.S. listed Chinese stocks also gained Monday in anticipation of additional stimulus measures from the country to drive economic growth.
美國上市的中國股票週一也上漲，預期中國將出台更多刺激措施以推動經濟增長。
Price Action: MOMO stock is up 6.35% at $7.20 premarket on the last check Monday.
價格走勢：MOMO股票在最新的盤前交易中上漲6.35%，報7.20美元。
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譯文內容由第三人軟體翻譯。