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

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

Phoenix New Media Reports Second Quarter 2016 Unaudited Financial Results

August 9, 2016 5:00 PM EDT

BEIJING, Aug. 9, 2016 /PRNewswire/ -- Phoenix New Media Limited (NYSE: FENG), a leading new media company in China ("Phoenix New Media", "ifeng" or the "Company"), today announced its unaudited financial results for the second quarter ended June 30, 2016.

Second Quarter 2016 Highlights

Net advertising revenues were RMB297.2 million (US$44.7 million), as compared to RMB311.9 million in the same period last year. Paid service revenues were RMB52.8 million (US$8.0 million), as compared to RMB111.0 million in the same period last year.

"For the... More