Phoenix New Media revenue rises 22% as net loss narrows in third quarter
Phoenix New Media Inc. reported total revenues of RMB200.9 million (US$28.2 million) for the third quarter of 2025, an increase of 22.3% from RMB164.3 million in the same period of 2024. The rise was primarily driven by growth in both paid services revenues and net advertising revenues. Net loss attributable to Phoenix New Media Limited was RMB4.9 million (US$0.7 million), an improvement from a net loss of RMB18.5 million in the third quarter of 2024. Net margin was negative 2.4%, compared to negative 11.3% a year earlier. Net loss per basic and diluted ordinary share was RMB0.01 (US$0.00), compared to RMB0.03 in the same period of 2024. During the quarter, the company focused on original content, product innovation, offline events, and diversification of monetization channels.
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