Hello Group reports Q1 EPS 32c

Reports Q1 revenue $347.38M. Monthly active users on Tantan app were 10.7M in March, compared to 13.7M in March 2024. For the Momo app total paying users was 4.2M for the first quarter, compared to 7.1M for the same period last year. “Q1 marked a strong start to 2025,” commented Yan Tang, chairman and CEO of Hello Group (MOMO). “Our mainland PRC businesses continue to deliver solid profits, thanks to our ongoing efforts in cost reduction and efficiency improvement, as well as gradual stabilization of external factors. Meanwhile, our overseas business growth has accelerated, driven by further localization of existing products and the initial monetization of new apps. We expect the overseas products to make an increasingly meaningful contribution to the Group’s financials in the coming quarters.”