Phoenix New Media Reports First Quarter 2019 Unaudited Financial Results
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Phoenix New Media (FENG) Misses Q1 EPS by 6c, Revenues Beat
May 13, 2019 5:08 PM EDTPhoenix New Media (NYSE: FENG) reported Q1 EPS of ($0.23), $0.06 worse than the analyst estimate of ($0.17). Revenue for the quarter came in at $42.4 million versus the consensus estimate of $39.63 million.
Mr. Shuang Liu, CEO of Phoenix New Media, commented, "I am so pleased that our topline exceeded our expectations. In the first quarter of 2019, we continued to focus on enhancing our AI framework by further improving its synergies with our editorial system. The successful... More
