05:35 AM EST, 12/09/2024 (MT Newswires) -- Hello Group ( MOMO ) reported Q3 non-GAAP earnings Monday of 2.70 Chinese renminbi ($0.38) per diluted American depositary share, down from 3.05 renminbi a year earlier.

Three analysts polled by FactSet expected 1.78 renminbi.

Net revenue for the quarter ended Sept. 30 was 2.67 billion renminbi, down from 3.04 billion renminbi a year earlier.

Analysts surveyed by FactSet expected 2.60 billion renminbi.

For Q4, the Chinese social media platform said it expects net revenue of 2.56 billion renminbi to 2.66 billion renminbi. Analysts surveyed by FactSet expect 2.61 billion renminbi.

Hello Group ( MOMO ) rose more than 6% in recent premarket activity Monday.

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