On Monday, Shares of Momo Inc (ADR)(NASDAQ:MOMO), subtract -7.92% and closed at $20.11 in the last trading session. The last trading range of the stock ranges between $20.04 and $22.15. Momo Inc. (MOMO) (“Momo” or the “Company”), a leading mobile social networking platform in China, recently declared its unaudited financial results for the third quarter 2016.
Third Quarter 2016 Highlights
Net revenues raised 319% year over year to $157.0 million.
Net income attributable to Momo Inc. raised to $39.0 million in the third quarter 2016 from a net loss of $0.8 million in the same period last year.
Non-GAAP net income attributable to Momo Inc. (note 1) raised 1,182% to $49.5 million in the third quarter 2016 from $3.9 million in the same period last year.
Diluted net income per American Depositary Share (“ADS”) was $0.19, contrast to a diluted net loss per ADS of $0.00 in the same period last year.
Non-GAAP diluted net income per ADS (note 1) was $0.24, contrast to $0.02 in the same period last year.
Monthly Active Users (“MAU”)1 were 77.4 million in September 2016, contrast to 73.0 million in September 2015.
Star Bulk Carriers Corp. (NASDAQ:SBLK), dropped 1.72% and closed at $5.14 in the last trading session. The last trading range of the stock ranges between $5.03 and $5.39. The company’s Market capitalization is $292.68 million with the total Outstanding Shares of 58.07 million. Star Bulk Carriers Corp. (the “Company” or “Star Bulk”) ( NASDAQ : SBLK ) recently declared that it will release its results for the third quarter ended September 30, 2016 after the market closes in New York on Monday, November 21, 2016. Star Bulk’s administration team will host a conference call to discuss the Company’s financial results on Tuesday, November 22, 2016 at 11:00 a.m. Eastern Time (ET).
Conference Call details:
Participants should dial into the call 10 minutes before the planned time using the following numbers: 1(866) 819-7111 (from the US), 0(800) 953-0329 (from the UK) or +(44) (0) 1452 542 301 (from outside the US). Please quote “Star Bulk.”
- Rowe Price Group Inc (NASDAQ:TROW), gained 3.87% and closed at $73.23 in the last trading session. The last trading range of the stock ranges between $71.22 and $73.24. Company stock’s 52-week range is $62.97 – $79.00 T. Rowe Price’s Parents, Kids & Money Survey, which sampled more than 1,000 parents and their 8 to 14 year old kids in February 2016, revealed that many parents are willing to overextend their finances to fulfill their kids’ holiday wish lists. And 25% of parents have either taken from their 401(k)s or their emergency funds or taken a payday loan to cover holiday spending.
Marty Allenbaugh, a CERTIFIED FINANCIAL PLANNER™ at T. Rowe Price, says, “No one wants to be a Scrooge. Between our inclination to be generous during the holiday season and the blockbuster retail deals, playing Santa can be kryptonite for even the savviest budgeters. But splurging a little shouldn’t turn into indulgence at the expense of financial well-being. Retirement accounts are meant to fund retirement. Emergency funds are meant to fund emergencies. Payday loans should be the last of last resorts. Nothing that comes wrapped in a ribbon is worth the consequence of bending these rules.”