WANGJING, China (AP) — WANGJING, China (AP) — Phoenix New Media Ltd. (FENG) on Tuesday reported a loss of $1.4 million in its second quarter.
The Wangjing, China-based company said it had a loss of 12 cents per share. Losses, adjusted for non-recurring costs and stock option expense, came to 8 cents per share.
The online media company posted revenue of $26.1 million in the period.
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