WANGJING, China (AP) — WANGJING, China (AP) — Phoenix New Media Ltd. (FENG) on Wednesday reported a loss of $3.6 million in its third quarter.

The Wangjing, China-based company said it had a loss of 30 cents per share. Losses, adjusted for non-recurring costs and stock option expense, came to 2 cents per share.

The online media company posted revenue of $32.5 million in the period.

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