Welcome to our dedicated page for Scienjoy Holding news (Ticker: SJ), a resource for investors and traders seeking the latest updates and insights on Scienjoy Holding stock.
Scienjoy Holding Corp (SJ) operates at the forefront of mobile live streaming and interactive social entertainment, powering platforms like Showself and Lehai. This news hub provides investors and industry observers with essential updates on the company's financial performance, technological advancements, and market expansion strategies.
Access official press releases and curated analysis covering earnings reports, strategic partnerships, and innovations in AI-driven content delivery. Track developments in SJ's metaverse initiatives and global growth efforts across markets including China and Dubai.
Our repository features updates across key operational areas: quarterly financial results, platform technology upgrades, user engagement metrics, and regulatory filings. Discover how SJ integrates gamification with live streaming to maintain its competitive edge in digital entertainment.
Bookmark this page for streamlined access to SJ's evolving story. Check regularly for verified updates that matter to stakeholders in interactive media and emerging technologies.
Scienjoy Holding Corporation (NASDAQ: SJ) reported a 21.2% year-over-year increase in total net revenues, reaching RMB1,419.4 million (US$199.5 million) for the nine months ended September 30, 2022. Income from operations rose by 15.3% to RMB169.3 million (US$23.8 million). However, net income attributable to shareholders fell to RMB189.4 million (US$26.6 million) from RMB237.5 million in 2021. The company anticipates fourth-quarter revenues between RMB445 million and RMB515 million, impacted by ongoing COVID-19 uncertainties.
Scienjoy Holding Corporation (NASDAQ: SJ) reported strong financial results for Q2 2022, with total net revenues rising by 28.8% to RMB506.5 million (US$75.6 million), driven by quality content offerings. Adjusted net income surged 35.6% to RMB61.2 million (US$9.1 million). However, net income decreased by 26.8% to RMB67.4 million (US$10.1 million). The company anticipates Q3 revenues between RMB400 million and RMB428 million amid ongoing economic challenges. As of June 30, 2022, cash and equivalents stood at RMB175.4 million (US$26.2 million), a 27.2% decline from year-end 2021.
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