Phoenix New Media Reports Third Quarter 2018 Unaudited Financial Results

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Go back to Phoenix New Media Reports Third Quarter 2018 Unaudited Financial Results

Phoenix New Media (FENG) Misses Q3 EPS by 7c, Revenues Miss

November 12, 2018 5:02 PM EST

Phoenix New Media (NYSE: FENG) reported Q3 EPS of ($0.03), $0.07 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $47.86 million versus the consensus estimate of $54.51 million.

"This is a very difficult quarter for us with the slowdown of the macroeconomics and the 14-day suspension of ifeng News mobile application... More