Phoenix New Media: Q2 Earnings Snapshot
By AP News
Published - Aug 16, 2023, 03:18 PM ET
Last Updated - Aug 16, 2023, 03:18 PM EDT
BEIJING (AP) — BEIJING (AP) — Phoenix New Media Ltd. (FENG) on Tuesday reported a loss of $4.3 million in its second quarter.
The Beijing-based company said it had a loss of 36 cents per share. Losses, adjusted for stock option expense, were 34 cents per share.
The online media company posted revenue of $24.9 million in the period.
For the current quarter ending in September, Phoenix New Media said it expects revenue in the range of $21.9 million to $24.6 million.
