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Phoenix New Media Limited (FENG)
NYSE:FENG
Earnings Data
Report Date
May 19, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.3Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 17, 2025
|% Change Since: -4.76%
|Next Earnings Date:May 19, 2025
Earnings Call Sentiment|Neutral
While Phoenix New Media demonstrated growth in total revenues and significant expansion in paid services, challenges were evident in the form of decreased advertising revenues and increased operating expenses, resulting in a net loss for the quarter. The company's innovative content strategies and improved gross margin are positive indicators, but financial setbacks balance the sentiment.Company Guidance
During the Phoenix New Media Fourth Quarter 2024 Earnings Call, the company reported total revenues of RMB 218.1 million, marking a 3% year-on-year increase from RMB 211.8 million. Net advertising revenues slightly decreased to RMB 189 million from RMB 197 million the previous year, while paid services revenues saw a significant 96.6% rise to RMB 29.1 million, propelled by the new digital reading services. The cost of revenues edged up to RMB 121.1 million from RMB 120.5 million, with the gross margin improving to 44.5% from 43.1%. Operating expenses rose by 32% to RMB 90.3 million, largely due to higher sales and marketing expenditures. Consequently, income from operations declined to RMB 6.7 million from RMB 22.9 million, and the net loss attributable to IFENG was RMB 3.6 million, compared to a net income of RMB 8.1 million in the previous year. Looking ahead, the company forecasts Q1 2025 total revenues to be between RMB 147 million and RMB 162 million, with net advertising revenues projected between RMB 112 million and RMB 122 million, and paid service revenues between RMB 35 million and RMB 40 million.Year-on-Year Revenue Growth
Phoenix New Media achieved a 3% increase in total revenues year-on-year, reaching RMB 218.1 million, demonstrating resilience in challenging market conditions.
Significant Growth in Paid Services
Paid services revenues saw a substantial 96.6% increase year-on-year, rising to RMB 29.1 million, primarily driven by new digital reading services offered through mini programs.
Improvement in Gross Margin
Gross margin improved to 44.5%, up from 43.1% in the same period last year, indicating better cost management.
Successful Content Innovation and Distribution
The company's innovative content and rapid response to major news events, such as the US election and South Korea's martial law crisis, highlighted their strength in news coverage and increased viewership significantly.
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FENG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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FENG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 17, 2025 | $2.10 | $2.28 | +8.57% |
| Nov 13, 2024 | $2.53 | $2.69 | +6.32% |
| Aug 13, 2024 | $3.40 | $3.40 | 0.00% |
| May 13, 2024 | $2.00 | $2.05 | +2.50% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Phoenix New Media Limited (FENG) report earnings?
Phoenix New Media Limited (FENG) is schdueled to report earning on May 19, 2025, TBA Not Confirmed.
What is Phoenix New Media Limited (FENG) earnings time?
Phoenix New Media Limited (FENG) earnings time is at May 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FENG EPS forecast?
Currently, no data Available
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