US Stock Market Move | Hello Group Inc. Sponsored ADR (MOMO.US) rose more than 6%, with overseas net revenue in the first quarter increasing by 71.9% year-on-year.

On Monday, Hello Group Inc. Sponsored ADR (MOMO.US) rose more than 6%, closing at $8.04. On the news front, Hello Group Inc. Sponsored ADR announced its first quarter performance for 2025, with a year-on-year decrease of 1.5% in net revenue to 25.2 billion yuan, exceeding analysts' expectations of 24.3 billion yuan; of which, overseas net revenue increased by 71.9% year-on-year to approximately 4.1 billion yuan. Adjusted earnings per ADS were 2.34 yuan, a significant increase from 0.31 yuan in the same period last year, far exceeding analysts' expectations of 1.48 yuan. Monthly active users were 10.7 million, a 22% decrease year-on-year. Looking ahead to the second quarter, Hello Group Inc. Sponsored ADR expects net revenue to be between 25.7 billion and 26.7 billion yuan, a year-on-year decrease of 4.5% to 0.8%, better than the expected 25.3 billion yuan.