04:21 AM EDT, 05/28/2024 (MT Newswires) -- Hello Group ( MOMO ) reported Tuesday Q1 adjusted earnings of 0.31 renminbi ($0.04) per diluted American depositary share, down from 2.36 renminbi a year earlier.

Four analysts polled by Capital IQ expected 2.07 renminbi.

Net revenue for the quarter ended March 31 was 2.56 billion renminbi, down from 2.82 billion renminbi a year earlier. Four analysts polled by Capital IQ expected 2.48 billion renminbi.

For Q2, the company expects revenue to range from 2.65 billion renminbi to 2.75 billion renminbi. Four analysts surveyed by Capital IQ are expecting 2.69 billion renminbi.

Price: 5.53, Change: +0.01, Percent Change: +0.18