Hello Group Q2 net revenue fell 14% year-on-year, with earnings per ADS exceeding expectations
I'm PortAI, I can summarize articles.
Hello Group announced its financial performance for the second quarter of 2024, with a net revenue of RMB 26.914 billion, a 14% year-on-year decrease, but better than analysts' expectations of RMB 26.65 billion. The net profit attributable to Hello Group was RMB 4.492 billion, with diluted net profit per American Depositary Share (ADS) of 2.38 yuan, exceeding the expected 2.05 yuan. The company expects the net revenue for the third quarter to be between RMB 25.8 billion and RMB 26.8 billion. Hello Group's US stock fell nearly 3% in pre-market trading
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments