Stocks in Focus: Unilever plc (ADR)(NYSE:UL), Momo Inc (ADR)(NASDAQ:MOMO)

On Wednesday, Shares of Unilever plc (ADR)(NYSE:UL), subtract -1.29% and closed at $39.16 in the last trading session. The last trading range of the stock ranges between $38.96 and $39.29. Working Mother magazine recently recognized Unilever U.S. as one of the 2016 “Working Mother 100 Best Companies” for its outstanding leadership in creating progressive programs for its work force, in the areas of advancement of women, flexibility, child care and paid parental leave.

“Working parents face many unique challenges. We are honored to be recognized for supporting all of our incredible parents at Unilever,” said Mike Clementi, Unilever North America Vice President of Human Resources. “Providing an inclusive workplace for our employees is critical to our growth as a company. By offering the resources, policies and programs parents need to be successful both at work and at home, we are empowering all our employees to perform at their best across the organization. In the past year, we made great strides in supporting our employees, counting signing the White House Equal Pay Pledge and increasing our maternity leave benefit. While we are proud of the progress we have made, there is still much to do to advance this important agenda. We are honored to be recognized by Working Mother.”

Momo Inc (ADR)(NASDAQ:MOMO), jumped 5.85% and closed at $21.72 in the last trading session. The last trading range of the stock ranges between $19.50 and $22.12. The company’s Market capitalization is $3.96 Billion with the total Outstanding Shares of 288.44 million. 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.

First Nine Months 2016 Highlights

  • Net revenues raised 225% year over year to $307.0 million for the first nine months of 2016.
  • Net income attributable to Momo Inc. was $61.5 million for the first nine months of 2016, contrast with $7.6 million during the same period of 2015.
  • Non-GAAP net income attributable to Momo Inc. (note 1) was $85.4 million for the first nine months of 2016, contrast with $19.3 million during the same period of 2015.
  • Diluted net income per ADS was $0.30 for the first nine months of 2016, contrast with $0.04 during the same period of 2015.
  • Non-GAAP diluted income per ADS (note 1) was $0.42 for the first nine months of 2016, contrast with $0.10 during the same period of 2015.

Leave a Reply

Your email address will not be published. Required fields are marked *