Phoenix New Media second quarter earnings net loss of 400 thousand loss

August 10 Japanese: phoenix new media today released the fiscal year ended the second quarter of fiscal year 2016 unaudited financial results for the year ended June 30th. The results, Phoenix New Media second quarter total revenues of 350 million 100 thousand yuan ($52 million 700 thousand), less than 422 million 900 thousand yuan over the same period last year; net loss of 2 million 500 thousand yuan ($400 thousand), net profit over the same period last year compared to 22 million 500 thousand yuan.

 

phoenix new media second quarter earnings report main content:

1, net loss of 2 million 500 thousand yuan (about $400 thousand), compared to the same period last year net profit of 22 million 500 thousand yuan.

2, with a total revenue of 350 million 100 thousand yuan (about $52 million 700 thousand), lower than the same period last year, 422 million 900 thousand yuan.

3, not in accordance with GAAP, Phoenix New Media second quarter adjusted net profit of 3 million 500 thousand yuan ($500 thousand), compared to the same period last year adjusted net profit of 40 million 700 thousand yuan.

4, net advertising revenues (excluding advertising agency service fee) of 297 million 200 thousand yuan (about $44 million 700 thousand), compared to the same period last year was 311 million 900 thousand yuan.

5, paid services revenue of 52 million 800 thousand yuan (about $8 million), compared to the same period last year was 111 million yuan.

performance Outlook:

phoenix new media is expected for the third quarter of fiscal year 2016 total revenue of 342 million yuan to 362 million yuan, net advertising revenue of 301 million yuan to 316 million yuan, paid services revenue to 46 million yuan to 41 million yuan.

Leave a Reply

Your email address will not be published. Required fields are marked *