Earnings Call Summary | Hello Group(MOMO.US) Q1 2024 Earnings Conference
Earnings Call Summary | Hello Group(MOMO.US) Q1 2024 Earnings Conference
The following is a summary of the Hello Group Inc. (MOMO) Q1 2024 Earnings Call Transcript:
以下是Hello Group Inc.（MOMO）2024年第一季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
Hello Group Inc. reported a total Q1 2024 group revenue of RMB2.56 billion, down 9% year-over-year and 17% sequentially.
The profit margin slightly increased by 1.8 percentage points year-over-year to 20.1%, but sequentially it saw a decrease of 2 percentage points.
Non-GAAP operating income was RMB515 million, representing a decrease of 0.6% from Q1 2023.
Revenue from Tantan decreased 22% year-over-year to RMB241 million. However, its adjusted operating income went up by 92% year-over-year.
They reported non-GAAP net income of RMB59.9 million, but excluding one-off tax expenses, the net income would have been RMB508.5 million, up 8% year-over-year.
Hello Group Inc.报告称，2024年第一季度集团总收入为人民币25.6亿元，同比下降9％，环比下降17％。
利润率同比略有增长1.8个百分点至20.1％，但连续下降了2个百分点。
非公认会计准则营业收入为 RMB515 百万美元，比 2023 年第一季度下降了 0.6%。
坦坦的收入同比下降22％，至 RMB241 百万美元。但是，其调整后的营业收入同比增长了92％。
他们报告的非公认会计准则净收入为人民币5,990万元，但不包括一次性税收支出，净收入将为人民币5.085亿元，同比增长8％。
Business Progress:
业务进展：
On strategic priorities, the firm is focusing on maintaining Q4 progress, upgrading core gamified play, and enriching the brand portfolio.
Tantan, their dating app, is working on an upgraded version for long-term improvements in user experiences.
The firm is focusing on expanding organically through improving brand recognition, enhancing anti-spam capabilities, and increasing communication efficiency of matching users.
Overseas business is growing rapidly, significantly contributing to the 52% year-over-year increase in standalone app revenue, achieved through improved collaboration with KOLs, and product localization.
Hello Group plans to mitigate future challenges by entering new markets and beefing up the operational team, even if it may put pressure on short-term overseas business profits.
Q1 2024 revenue is expected to range from RMB2.65 billion to RMB2.75 billion, a decrease of 15.5% to 12.4% year-on-year, or an increase of 3.5% to 7.4% quarter-on-quarter.
在战略优先事项方面，该公司专注于保持第四季度的进展、升级核心游戏化游戏和丰富品牌组合。
他们的约会应用程序Tantan正在开发升级版本，以长期改善用户体验。
该公司专注于通过提高品牌知名度、增强反垃圾邮件能力和提高匹配用户的沟通效率来实现有机扩张。
海外业务快速增长，这为独立应用程序收入同比增长52％做出了重大贡献，这是通过改善与KOL的合作和产品本地化实现的。
Hello Group计划通过进入新市场和加强运营团队来缓解未来的挑战，即使这可能会给短期海外业务利润带来压力。
2024年第一季度收入预计将在人民币26.5亿元至27.5亿元人民币之间，同比下降15.5％至12.4％，同比增长3.5％至7.4％。
More details: Hello Group IR
更多详情： 你好集团投资者关系
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：本文由 AI 生成。无法完全保证内容的准确性。欲了解更多详情，请访问投资者关系网站。本文仅供投资者参考，不构成任何投资建议。