=Momo (MOMO) reported earnings on Tue 22 August 2017 (b/o)

Momo beats by $0.03, beats on revs; guides Q3 revs above consensus

• Reports Q2 (Jun) earnings of $0.35 per share, $0.03 better thanthe Capital IQ Consensus of $0.32; revenues rose 31120.0% year/year to $312.2 mln vs the $287.84 mln Capital IQ Consensus.
  • Monthly Active Users were 91.3 million in June 2017, compared to 74.8 million in June 2016
• Co issues upside guidance for Q3, sees Q3 revs of $337.0-342.0 vs. $308.56 mln Capital IQ Consensus Estimate.