Phoenix New Media (FENG) Reports Q2 Loss of $0.02/sh

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Go back to Phoenix New Media (FENG) Reports Q2 Loss of $0.02/sh

Phoenix New Media Reports Second Quarter 2021 Unaudited Financial Results

August 16, 2021 5:00 PM EDT

BEIJING, Aug. 16, 2021 /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 second quarter ended June 30, 2021.

Mr. Shuang Liu, CEO of Phoenix New Media, commented, "While certain segments of the advertising market continued to experience downward pressure and industry-wide intensified competition, we have decided to bolster our competitive differentiation by constructing our content ecosystem. During the second quarter of 2021, we refined our professional content production capabilities to provide... More