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PHOENIX NEW MEDIA LIMITED

(FENG)
  Report
Delayed Nyse  -  04:00 2022-09-30 pm EDT
4.710 USD   -2.89%
08/29Asian ADRs Move Slightly Higher in Monday Trading
MT
08/16Phoenix New Media : Q2 Earnings Snapshot
AQ
08/16Phoenix New Media's Q2 Loss Balloons as Revenue Drops 25%
MT
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Phoenix New Media: Q2 Earnings Snapshot

08/16/2022 | 02:01pm EDT

BEIJING (AP) _ Phoenix New Media Ltd. (FENG) on Monday reported a loss of $14.3 million in its second quarter.

The Beijing-based company said it had a loss of $1.18 per share. Losses, adjusted for non-recurring costs and stock option expense, came to $1.07 per share.

The online media company posted revenue of $28.6 million in the period.

For the current quarter ending in October, Phoenix New Media said it expects revenue in the range of $29.4 million to $32.4 million.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FENG at https://www.zacks.com/ap/FENG

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News

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Financials (USD)
Sales 2021 1 030 M 145 M 145 M
Net income 2021 -206 M -28,9 M -28,9 M
Net cash 2021 1 452 M 204 M 204 M
P/E ratio 2021 -0,31x
Yield 2021 -
Capitalization 407 M 57,1 M 57,1 M
EV / Sales 2020 -0,84x
EV / Sales 2021 -1,02x
Nbr of Employees 1 245
Free-Float 12,1%
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Managers and Directors
Shuang Liu Chief Executive Officer & Director
Xiaojing Lu Chief Financial Officer
Yu Sheng Sun Chairman
Ka Shuen Wen Independent Director
Ju Ying Zhang Independent Director
Sector and Competitors