Momo Q1 Results: Revenue Up 64%

PR NEWSWIRE - May 29 - Momo's Q1 net revenue increased 64% YOY to $435M. The total live video service revenues were $371.5M, an increase of 74.8%. Net income increased to $130M. Monthly Active Users were 103M in Q1 2018, compared to 85M in Q1 2017. Total paying users of our live video service and value-added service were 8.1M in Q1 2018, compared to 7M in Q1 2017.

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Summarized by the IDEA team