Phoenix New Media (NYSE:FENG) Announces Earnings Results

Phoenix New Media (NYSE:FENG) posted its earnings results on Tuesday. The information services provider reported ($0.02) earnings per share for the quarter, beating the consensus estimate of ($1.06) by $1.04, FiscalAI reports. Phoenix New Media had a net margin of 3.62% and a return on equity of 2.78%. The company had revenue of $32.45 million for the quarter, compared to analyst estimates of $32.54 million.

Here are the key takeaways from Phoenix New Media’s conference call:

• Revenue grew 8.3% year over year to CNY 217.6 million, led by paid services, which rose 64.4% to CNY 68.4 million, primarily from digital reading services.
• Net advertising revenue fell to CNY 149.2 million from CNY 159.3 million as advertisers remained cautious and spending varied by industry; home appliances, e-commerce, and automotive were weaker, while liquor, food and beverage, and technology improved.
• Cost of revenues declined 12.4%, lifting gross margin to 57.6% from 47.6%, and the operating loss narrowed to CNY 3.2 million from CNY 13.3 million. However, net loss attributable to the company widened to CNY 24.3 million from CNY 4.9 million.
• Management forecast fourth-quarter revenue of CNY 236.7 million to CNY 251.7 million, including CNY 88.3 million to CNY 93.3 million in paid services.
• AI and robotics clients are emerging as a growth area: revenue from these clients in the first nine months of 2026 exceeded three times the full-year 2025 amount, mostly from original content services.

Phoenix New Media Trading Up 3.7%

Shares of NYSE FENG traded up $0.05 during mid-day trading on Wednesday, reaching $1.40. 200 shares of the company’s stock were exchanged, compared to its average volume of 4,061. The company’s 50-day moving average is $1.43 and its 200-day moving average is $1.61. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.89 and a current ratio of 2.89. The firm has a market capitalization of $16.81 million, a price-to-earnings ratio of 3.89 and a beta of -0.25. Phoenix New Media has a 52-week low of $1.34 and a 52-week high of $2.33.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of Phoenix New Media from a “sell (d)” rating to a “sell (d+)” rating in a research report on Tuesday, October 20th. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, Phoenix New Media presently has a consensus rating of “Sell”.

About Phoenix New Media

Phoenix New Media Limited is a Chinese digital media company best known for operating the ifeng.com online media platform. Its services include news and information, business and finance coverage, opinion and lifestyle content, video, audio, and other entertainment programming delivered through websites, mobile applications, and related digital channels. The company generates revenue primarily through online advertising and paid digital services. It also distributes content produced by or associated with Phoenix TV, as well as material from third-party sources, and has developed mobile and video products to reach audiences across multiple devices.