đź’¨ Abstract

Phoenix New Media (FENG), based in Wangjing, China, reported a financial loss of $4.2 million in its first-quarter report on Tuesday, resulting in a 34-cent loss per share. While the company's revenue reached $21.4 million, it anticipates revenue for the current quarter, ending in June, to range from $25.1 million to $27.2 million.

Courtesy: wtop.com