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.
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