Benzinga | Nov 15, 2021 06:38PM EST

Phoenix New Media Q3 EPS $(0.29), Sales $37.96M Miss $63.52M Estimate

Phoenix New Media (NYSE:FENG) reported quarterly losses of $(0.29) per share. The company reported quarterly sales of $37.96 million which missed the analyst consensus estimate of $63.52 million by 40.23 percent. This is a 14.93 percent decrease over sales of $44.63 million the same period last year.