Phoenix New Media: Q2 Earnings Snapshot

WANGJING, China (AP) — WANGJING, China (AP) — Phoenix New Media Ltd. (FENG) on Wednesday reported net income of $966,000 in its second quarter.

The Wangjing, China-based company said it had profit of 8 cents per share. Losses, adjusted for non-recurring gains, were 1 cent per share.

The online media company posted revenue of $31.9 million in the period.

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