Momo, Inc. (MOMO) Tops Q4 EPS by 2c
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Momo Announces Unaudited Financial Results for the Fourth Quarter and Full Year 2015
March 15, 2016 6:20 AM EDTBEIJING, March 15, 2016 (GLOBE NEWSWIRE) -- Momo Inc. (NASDAQ: MOMO) ("Momo" or the "Company"), a leading mobile social networking platform in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2015.
Fourth Quarter 2015 Highlights
Net revenues increased 113% year over year to $39.5 million.Net income attributable to Momo Inc. was $6.1 million, compared to a net loss of $2.5 million for the same period last year.Non-GAAP net income attributable to Momo Inc. (note 1)... More