Phoenix New Media Limited reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported revenue was CNY 152.99 million compared to CNY 146.37 million a year ago. Net loss was CNY 26.01 million compared to CNY 57.79 million a year ago.

Basic loss per share from continuing operations was CNY 2.4 compared to CNY 4.8 a year ago. Diluted loss per share from continuing operations was CNY 2.4 compared to CNY 4.8 a year ago.