Phoenix New Media Reports Fourth Quarter and Fiscal Year 2019 Unaudited Financial Results
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Phoenix New Media (FENG) Tops Q4 EPS by 10c
March 23, 2020 5:16 PM EDTPhoenix New Media (NYSE: FENG) reported Q4 EPS of ($0.16), $0.10 better than the analyst estimate of ($0.26). Revenue for the quarter came in at $67.6 million.
Mr. Shuang Liu, CEO of Phoenix New Media, commented, "We are so pleased to deliver better-than-expected top-line performance for the fourth quarter of 2019. During the quarter, our consistent coverage of impactful social events further cemented our market leadership while boosting our operating metrics in turn. Additionally, we successfully enhanced our brand influence and heightened our dominance in key content verticals through the organization of multiple large-scale offline events during... More
