Phoenix New Media Reports First Quarter 2021 Unaudited Financial Results

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Phoenix New Media (FENG) Misses Q1 EPS by 6c, Offers Guidance

May 10, 2021 5:05 PM EDT

Phoenix New Media (NYSE: FENG) reported Q1 EPS of ($0.06), $0.06 worse than the analyst estimate of $0.00. Revenue for the quarter came in at $34.5 million versus the consensus estimate of $63.52 million.

Business Outlook:

For the second quarter of 2021, the Company expects... More