Phoenix New Media (FENG) Reports Q3 Loss of $0.10

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Phoenix New Media Reports Third Quarter 2019 Unaudited Financial Results

November 11, 2019 4:00 PM EST

BEIJING, Nov. 11, 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 third quarter ended September 30, 2019.

Mr. Shuang Liu, CEO of Phoenix New Media, commented, "Despite the continuing macroeconomic headwinds, we have been able to revitalize and sustain the growth of our businesses. Leveraging our continued professional journalism and by combining our seasoned editorial daily picks and AI-powered recommendation engine, we have improved our user acquisition, retention, and... More