WANGJING, China (AP) 鈥� WANGJING, China (AP) 鈥� Phoenix New Media Ltd. (FENG) on Wednesday reported a loss of $2.4 million in its first quarter.
On a per-share basis, the Wangjing, China-based company said it had a loss of 20 cents. Losses, adjusted for non-recurring gains, were 27 cents per share.
The online media company posted revenue of $27.4 million in the period.
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