Phoenix New Media Reports Unaudited Second Quarter 2018 Financial Results

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Phoenix New Media (FENG) Tops Q2 EPS by 7c

August 14, 2018 5:06 PM EDT

Phoenix New Media (NYSE: FENG) reported Q2 EPS of $0.11, $0.07 better than the analyst estimate of $0.04. Revenue for the quarter came in at $54.8 million versus the consensus estimate of $54.92 million.

Mr. Shuang Liu, CEO of Phoenix New Media commented, "We made significant progress on product innovation and content enrichment in the second quarter of 2018. We further enhanced our content production capabilities... More