Momo “Under the prosperous times, the crisis is perilous”
Editor’s note: This article comes from WeChat public account “ New Technology “(ID: kejixinzhi), author: Phytolacca.
8 years is not short or long for Momo, but today it has passed the initial stage of rapid growth and urgently needs to find the next new engine. And new businesses are often unknown and difficult to see results in the short term, so a stable basic disk determines not only the present but also the future.
The most frightening thing at this time is that the new business didn’t work out and the old business went wrong.
This is like Internet people entering middle age. They will try all possible methods while being anxious. The most terrible thing is that they did n’t wait to climb to the management position. Their original positions were taken away by young people first. .
And if Momo loses the basic market while the new business is not progressing, then it is not as simple as jumping into a job or changing the industry like a middle-aged person in the workplace or even simply “returning home”.
Momo’s basic disk stall
On November 26, Momo released its third quarter financial report for 2019.
According to the financial report, Momo’s revenue in the third quarter was 4.452 billion yuan (RMB, the same below), an increase of 22% year-on-year, slightly higher than market expectations of 4.302 billion yuan, and higher than Momo’s previous estimates. Revenue guidelines.
In terms of profit, Momo ’s net profit for the quarter under non-GAAP was 1.088 billion, compared with 580 million in the same period last year, a year-on-year increase of 40%. So far Momo has achieved profit for 19 consecutive quarters.
From the data point of view, this financial report is definitely handy, but Momo’s stock price fell by 10% after the financial report was published. As of the close of the day, Momo’s stock price fell by 6.5%.
The reason why the rather dazzling data in exchange for the stock plunge is probably related to the hidden concerns shown in this financial report.
First is Momo’s revenue and net profit.