Phoenix New Media (FENG) Misses Q1 EPS by 6c, Revenues Beat

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Phoenix New Media Reports First Quarter 2019 Unaudited Financial Results

May 13, 2019 5:00 PM EDT

BEIJING, May 13, 2019 /PRNewswire/ -- Phoenix New Media Limited (NYSE: FENG) ("Phoenix New Media", "ifeng" or the "Company"), a leading new media company in China, today announced its unaudited financial results for the first quarter ended March 31, 2019.

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 integration of human expertise and AI algorithms not only strengthened... More