Phoenix New Media Reports Second Quarter 2016 Unaudited Financial Results

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Phoenix New Media (FENG) Tops Q2 EPS by 2c

August 9, 2016 5:04 PM EDT

Phoenix New Media (NYSE: FENG) reported Q2 EPS of ($0.01), $0.02 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $44.7 million versus the consensus estimate of $52.44 million.

Business Outlook

For the third quarter of 2016, the Company expects its total... More