Phoenix New Media(US:FENG)2025-11-13 01:30Financial Performance - Total revenues increased by 22.3% to RMB200.9 million (US$28.2 million) in Q3 2025, from RMB164.3 million in Q3 2024[3] - Net advertising revenues increased by 7.3% to RMB159.3 million (US$22.4 million) in Q3 2025, from RMB148.4 million in Q3 2024[3] - Paid services revenues increased significantly by 161.6% to RMB41.6 million (US$5.8 million) in Q3 2025, compared to RMB15.9 million in Q3 2024[4] - Revenues from paid contents increased substantially by 279.2% to RMB38.3 million (US$5.3 million) in Q3 2025, from RMB10.1 million in Q3 2024, driven by digital reading services[4] - Revenues from E-commerce and others decreased by 43.1% to RMB3.3 million (US$0.5 million) in Q3 2025, from RMB5.8 million in Q3 2024, due to scaling down the E-commerce business[4] - Gross profit increased by 53.6% to RMB95.7 million (US$13.4 million) in Q3 2025, from RMB62.3 million in Q3 2024, with gross margin at 47.6% compared to 37.9%[6] - Net loss attributable to Phoenix New Media Limited decreased to RMB4.9 million (US$0.7 million) in Q3 2025, compared to a net loss of RMB18.5 million in Q3 2024[12] Expenses and Losses - Cost of revenues increased by 3.1% to RMB105.2 million (US$14.8 million) in Q3 2025, from RMB102.0 million in Q3 2024[5] - Total operating expenses increased by 23.6% to RMB109.0 million (US$15.3 million) in Q3 2025, from RMB88.2 million in Q3 2024, mainly due to higher sales and marketing expenses[8] - Loss from operations was RMB13.3 million (US$1.9 million) in Q3 2025, compared to a loss of RMB25.9 million in the same period of 2024[9] Business Outlook - The company expects total revenues for Q4 2025 to be between RMB205.9 million and RMB220.9 million, with net advertising revenues between RMB171.4 million and RMB181.4 million, and paid services revenues between RMB34.5 million and RMB39.5 million[16]