Hello Group Stock Surges As Q3 Earnings Exceed Expectations

Hello Group Inc (NASDAQ: MOMO) reported a third-quarter FY22 net revenue decline of 14% year-on-year to $454.5 million, beating the consensus of $445.8 million. Drivers: Monthly Active Users (MAU) on the Momo application were 108.8 million in September 2022, down from 115.5 million in September…

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