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FENG

Phoenix New Media Limited

https://www.ifeng.com

Industry

Internet Content & Information

Phoenix New Media Limited provides content on an integrated Internet platform in the People's Republic of China. The company operates through two segments, Net Advertising Services and Paid Services. It offers content and services through PC channel, mobile channel, and telecom operators, as well as transmits content to TV viewers, primarily through Phoenix TV. The company, through its website, ifeng.com, provides various interest-based content verticals, such as news, finance, video, automobiles, technology, entertainment, military, real estate, fashion, and sport; and offers interactive services, including comments posting and user surveys. Its mobile channel consists of ifeng News, a news application that provides newsfeeds and other contents in the form of text, image, live streaming, and video; ifeng Video, a video application, which offers video news, live broadcasting, Phoenix TV programs content, etc.; i.ifeng.com mobile Internet website; and digital reading applications. In addition, Phoenix New Media Limited offers mobile newspaper, mobile video, and mobile game services, as well as wireless value-added services. The company was incorporated in 2007 and is headquartered in Beijing, the People's Republic of China. Phoenix New Media Limited is a subsidiary of Phoenix Satellite Television (B.V.I.) Holding Limited.

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The article highlights the pre-market movements of various communication services stocks on Friday. Notable gainers include Lionsgate Studios (LION), Starbox Group Holdings (STBX), and Leafly Holdings (LFLY), while significant losers include Sify Technologies (SIFY) and Hanryu Holdings (HRYU).

Portfolio Pulse from Benzinga Insights

May 31, 2024 | 12:06 pm

Shares of American Eagle Outfitters (NYSE:AEO) fell 4.5% after reporting first-quarter earnings that missed analyst estimates. Other notable stock movements include Cue Health (NASDAQ:HLTH) jumping 100.7% after filing for Chapter 7 bankruptcy, and Smart for Life (NASDAQ:SMFL) rising 57% following a restructuring program. Faraday Future (NASDAQ:FFIE) rose 51% despite poor fiscal year results and Nasdaq filing issues. Foot Locker (NYSE:FL) gained 25.9% after beating first-quarter earnings, while Salesforce (NYSE:CRM) fell 20.1% due to weak guidance despite upbeat earnings.

Portfolio Pulse from Avi Kapoor

May 30, 2024 | 5:48 pm

In Wednesday's after-market session, several Communication Services stocks experienced notable movements. Gainers included Chicken Soup for the Soul (CSSE), Phoenix New Media (FENG), Angi (ANGI), Leafly Holdings (LFLY), Society Pass (SOPA), and AirNet Technology (ANTE), with increases ranging from 2.4% to 5.0%. Conversely, Hanryu Holdings (HRYU), Global Mofy Metaverse (GMM), Ucloudlink Group (UCL), Weibo (WB), Fangdd Network Group (DUO), and Asset Entities (ASST) saw declines between 4.06% and 7.1%.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 8:31 pm

Phoenix New Media forecasts a decrease in its total revenues for Q1'2024 to RMB130.8M-RMB145.8M, down from RMB211.8M in Q4'2023. The expected decline includes net advertising revenues between RMB121.3M and RMB131.3M, and paid services revenues between RMB9.5M and RMB14.5M.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 9:21 pm

Phoenix New Media (NYSE:FENG) reported a significant decrease in Q4 adjusted earnings per ADS, dropping to $0.23 from $0.60 YoY. Sales also decreased to $29.80M from $32.47M YoY.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 9:15 pm

In Thursday's pre-market session, several communication services stocks showed significant movement. Lytus Technologies (LYT) led the gainers with a 218.2% increase, while AirNet Technology (ANTE) led the losers with a 6.7% decrease. Other notable movers include Brera Holdings (BREA), MultiMetaVerse Holdings (MMV), and Bilibili (BILI), which reported Q4 earnings.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 1:06 pm

In Friday's after-market session, several communication services stocks experienced notable movements. Gainers included NFT (MI), Phoenix New Media (FENG), So-Young Intl (SY), Fangdd Network Group (DUO), MoneyHero (MNY), and Arena Group Holdings (AREN), with increases ranging from 3.24% to 8.4%. Conversely, losers were Gaxos.AI (GXAI), AirNet Technology (ANTE), Brera Holdings (BREA), EchoStar (SATS), FaZe Hldgs (FAZE), and trivago (TRVG), with decreases ranging from 4.52% to 18.0%.

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 9:31 pm

In Wednesday's pre-market session, several Communication Services stocks showed significant movements. Notably, Brera Holdings (BREA) surged 215.5%, while Phoenix New Media (FENG) and Fangdd Network Group (DUO) also saw substantial gains. On the downside, Starbox Group Holdings (STBX) and MoneyHero (MNY) experienced declines. Earnings releases influenced some of these movements, with Treasure Global (TGL) and Angi (ANGI) reporting their Q2 and Q4 earnings, respectively.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 1:06 pm

Phoenix New Media Limited (NYSE:FENG), a prominent new media company in China, has announced the renewal of its trademark license agreements with a subsidiary of its parent company, Phoenix Satellite Television Holdings Limited ('Phoenix TV'). The original agreements were established on December 8, 2017, and this renewal ensures the continued use of the trademarks by Phoenix New Media's affiliated consolidated entities.

Portfolio Pulse from Charles Gross

December 08, 2023 | 11:13 am

Several stocks experienced significant movement in Wednesday's mid-day session. ShiftPixy, Inc. (NASDAQ:PIXY) shares jumped 152.8% after announcing the effective date for its reverse stock split. SciSparc Ltd. (NASDAQ:SPRC) gained 120.9% as it reported its 1-for-26 reverse share split is expected to be implemented after market close. Rite Aid Corporation (NYSE:RAD) climbed 44% following a substantial settlement agreement of $230 million by consulting firm McKinsey & Company related to opioid addiction lawsuits. On the other hand, Sharps Technology, Inc. (NASDAQ:STSS) fell 31.6% after reporting a $5.6 million registered direct and private placement priced at the market under Nasdaq rules.

Portfolio Pulse from Lisa Levin

September 27, 2023 | 4:48 pm

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