Earnings Call Summary | Phoenix New Media(FENG.US) Q1 2024 Earnings Conference
Earnings Call Summary | Phoenix New Media(FENG.US) Q1 2024 Earnings Conference
The following is a summary of the Phoenix New Media Limited (FENG) Q1 2024 Earnings Call Transcript:
以下是凤凰新媒体有限公司（FENG）2024年第一季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
Phoenix New Media reported Q1 2024 total revenues of RMB153 million, an increase of 4.5% from last year.
Net advertising revenues were RMB138.6 million, a rise of 9.8% from last year.
Paid services revenue decreased to RMB14.4 million from RMB20.2 million last year.
Gross margin increased to 28.8% from 19.3% due to cost control measures.
Net loss shrunk to RMB26 million from a net loss of RMB57.8 million in the same period of the last year.
凤凰新媒体报告称，2024年第一季度的总收入为 RMB153 百万美元，比去年增长4.5％。
净广告收入为人民币1.386亿元，比去年增长9.8％。
付费服务收入从去年的人民币2,020万元下降至人民币1,440万元。
由于成本控制措施，毛利率从19.3％增加到28.8％。
净亏损从去年同期的人民币5,780万元净亏损缩减至 RMB26 百万元。
Business Progress:
业务进展：
Phoenix New Media showcased resilience amidst macro uncertainties.
The company expanded influence through successful content monetization and collaboration with local authorities in cultural and tourism sectors.
Increased followers on news platforms stemmed from captivating content.
Organizational restructuring improved market penetration and operational efficiency.
A strategic alignment of content with industry needs resulted in a year-on-year increase in net advertising revenue by 10%.
凤凰新媒体在宏观不确定性中展现了韧性。
该公司通过成功的内容获利以及与文化和旅游领域的地方当局的合作扩大了影响力。
新闻平台上关注者的增加源于引人入胜的内容。
组织重组提高了市场渗透率和运营效率。
内容与行业需求的战略调整使净广告收入同比增长了10％。
More details: Phoenix New Media IR
更多详情： 凤凰新媒体投资者关系
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：本文由 AI 生成。无法完全保证内容的准确性。欲了解更多详情，请访问投资者关系网站。本文仅供投资者参考，不构成任何投资建议。