Phoenix New Media (NYSE:FENG – Get Free Report) issued its quarterly earnings results on Tuesday. The information services provider reported $0.38 EPS for the quarter, FiscalAI reports. Phoenix New Media had a negative return on equity of 4.45% and a negative net margin of 6.35%.The company had revenue of $31.77 million for the quarter.
Here are the key takeaways from Phoenix New Media’s conference call:
- Total revenue rose 1.9% year-over-year to CNY 222.0 million, and the company reported net income of CNY 45.0 million versus a loss a year earlier.
- Advertising revenue declined to CNY 181.1 million from CNY 189.0 million as ad budgets weakened in sectors like automotive and liquor, indicating pressure in core ad demand.
- Paid services expanded 41.6% YoY to CNY 41.2 million, driven by digital reading via mini programs, though sales and marketing spend rose and operating expenses increased 9.9%.
- The balance sheet shows healthy liquidity with cash, term deposits, short-term investments and restricted cash totaling about CNY 1.02 billion.
- Management guided Q1 2026 revenue to CNY 160–175 million, signaling expected near-term revenue softness and uncertainty in the advertising market.
Phoenix New Media Price Performance
NYSE:FENG traded up $0.05 during mid-day trading on Wednesday, hitting $1.78. The company’s stock had a trading volume of 824 shares, compared to its average volume of 2,049. The company has a market capitalization of $21.32 million, a price-to-earnings ratio of -3.17 and a beta of -0.25. The company has a current ratio of 2.72, a quick ratio of 2.72 and a debt-to-equity ratio of 0.01. Phoenix New Media has a fifty-two week low of $1.28 and a fifty-two week high of $3.65. The stock has a fifty day moving average of $1.82 and a 200-day moving average of $2.15.
Wall Street Analysts Forecast Growth
Read Our Latest Report on Phoenix New Media
Phoenix New Media Company Profile
Phoenix New Media Inc is a leading Chinese new media company that provides online news and information services through its flagship portal, ifeng.com, as well as a suite of mobile applications and video platforms. The company offers a wide array of multimedia content, including live streaming news, on-demand video, audio programming and article publishing across topics such as finance, technology, entertainment, lifestyle and sports. In addition to content distribution, Phoenix New Media generates revenue through digital advertising and subscription services.
Formed as a spin-off of its parent Nanfang Media Group’s overseas broadcasting business, Phoenix New Media was established to capitalize on the rapid growth of Internet and mobile consumption in China.
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