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Momo Q1 Financial Results: Revenue Up 383%, Net Income $6.7M

Posted on May 19, 2015

Momo app logoGLOBE NEWSWIRE – May 18 – Momo's Q1 revenue increased 383% YOY to $26.3M. Net income was $6.7M, compared to a net loss of $1.2M in Q1 2014. Monthly Active Users (MAU)1 were 78.1M in March 2015, an increase of 83% YOY. Membership subscription revenues were $13M, up 311% YOY. Momo paid members reached 3.1M. Mobile games revenues were $6.1M, up 212% YOY.

See full article at Momo website

See all posts on Momo app

Summarized by Courtland Brooks Internet Dating Marketing Consulting

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