Phoenix New Media (FENG) Misses Q2 EPS by 3c; Guides Q3 Sales
Phoenix New Media (NYSE: FENG) reported Q2 EPS of $0.07, $0.03 worse than the analyst estimate of $0.10. Revenue for the quarter came in at $44.6 million versus the consensus estimate of $45.42 million.
For the third quarter of 2012, the Company expects its total revenues to be between RMB266 million and RMB279 million. Net advertising revenues are expected to be between RMB132 million and RMB135 million. Paid service revenues are expected to be between RMB134 million and RMB144 million. These forecasts reflect the Company's current and preliminary view on the market and operational conditions, which are subject to change.
For earnings history and earnings-related data on Phoenix New Media (FENG) click here.
For the third quarter of 2012, the Company expects its total revenues to be between RMB266 million and RMB279 million. Net advertising revenues are expected to be between RMB132 million and RMB135 million. Paid service revenues are expected to be between RMB134 million and RMB144 million. These forecasts reflect the Company's current and preliminary view on the market and operational conditions, which are subject to change.
For earnings history and earnings-related data on Phoenix New Media (FENG) click here.