Hello Group reports Q2 EPS (8c) vs. 33c last year

Reports Q2 revenue $365.79M vs. $370.35M last year. Monthly active users on Tantan app were 10.2M in June compared to 12.9M in June 2024. “Q2 was a good quarter. Both our domestic and overseas business fundamentals extended the positive trend that began at the start of the year, achieving favorable results across various operational and financial metrics,” commented Yan Tang, chairman and CEO of Hello Group (MOMO).” Our Momo business has progressively stabilized, with both revenue and profit surpassing our initial expectations. For our overseas business, we have successfully maintained rapid growth while controlling costs and expenses effectively. This strategic approach keeps our overseas business on course to deliver an increasingly meaningful contribution to the group’s overall financial performance. “