Hello Group Inc. (MOMO) CEO Wang Li on Q1 2022 Results - Earnings Call Transcript

Hello Group Inc. (NASDAQ:MOMO) Q1 2022 Results Conference Call June 7, 2022 8:00 AM ET

Company Participants

Ashley Jing - Head, IR

Wang Li - CEO

Jonathan Zhang - CFO

Conference Call Participants

Thomas Chong - Jefferies

Leo Chiang - Deutsche Bank

Operator

Ladies and gentlemen, thank you for standing by, and welcome to Hello Group Inc.'s First Quarter 2022 Earnings Conference Call. [Operator Instructions] Please note that this conference is being recorded conference is being recorded today.

I'd now like to hand the conference over to your first speaker today, Ms. Ashley Jing. Thank you. Please go ahead, ma'am.

Ashley Jing

Thank you, operator. Good morning and good evening, everyone. Thank you for joining us today for Hello Group's First Quarter 2022 Earnings Conference Call. The company's results were released earlier today and available on the company's IR website.

On the call today are Mr. Wang Li, CEO of the company; and Mr. Jonathan Zhang, CFO of the company. We will discuss the company's business operations and highlights as well as the financials and guidance. They will both be available to answer your questions during the Q&A session that follows.

Before we begin, I would like to remind you that this call may contain forward-looking statements made under the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Such statements are based on management's current expectations and current market and operating conditions and relate to events and involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the company's control, which may cause the company's actual results, performance or achievements to differ materially from those in the forward-looking statements.

Further information regarding this and other risks, uncertainties and factors is included in the company's filings with the U.S. Securities and Exchange Commission. The company does not undertake any obligation to update any forward-looking statements as a result of new information, future events or otherwise, except as required under law.

I will now pass the call to Mr. Wang. I'll translate for him. Mr. Wang, please.

Wang Li

[Foreign Language]

Good day, everyone. Thank you for joining our conference call today. Q1 was a very challenging quarter for numerous companies in China, and the same applies to us. However, I'm pleased that our team was able to focus on our products and operational initiatives to cope with headwinds from the resurgence of COVID-19 and related challenges, making 2022 off to a good start.