Phoenix New Media Reports Unaudited First Quarter 2018 Financial Results
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Phoenix New Media (FENG) Misses Q1 EPS by 1c
May 14, 2018 5:06 PM EDTPhoenix New Media (NYSE: FENG) reported Q1 EPS of ($0.13), $0.01 worse than the analyst estimate of ($0.12). Revenue for the quarter came in at $45.34 million versus the consensus estimate of $45.38 million.
"We are delighted to start the year 2018 with solid financial and operating performance, and pleased to see that our mobile advertising remained a strong growth driver in the first quarter,\" stated Mr. Shuang Liu, CEO of Phoenix New Media. \"Our strong media DNA and our mission to provide high-quality, professional and unbiased news content allows us to stay... More
