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Phoenix New Media posts 4Q profit

BEIJING (AP) _ Phoenix New Media Ltd. (FENG) on Monday reported fourth-quarter profit of $5.7 million.

On a per-share basis, the Beijing-based company said it had profit of 8 cents.

The online media company posted revenue of $59.3 million in the period.

For the year, the company reported profit of $11.6 million, or 16 cents per share. Revenue was reported as $208.1 million.

In the final minutes of trading on Monday, the company's shares hit $3.68. A year ago, they were trading at $4.13.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FENG at https://www.zacks.com/ap/FENG


Keywords: Phoenix New Media, Earnings Report