Streetbeat News

SJ

Scienjoy Holding Corporation

https://www.scienjoy.com

Industry

Broadcasting

Scienjoy Holding Corporation provides mobile live streaming platforms in the People's Republic of China. It focuses on interactive show live streaming from broadcasters to users. The company's platforms enable users to view and interact with broadcasters through online chat, virtual items, and playing games. As of December 31, 2021, it had 840,640 paying users and 288,898 active broadcasters. The company operates four live streaming platforms under the Showself Live Streaming, Lehai Live Streaming, Haixiu Live Streaming, BeeLive Live Stream names. It also offers technical development and advisory services. The company was founded in 2011 and is based in Beijing, the People's Republic of China. Scienjoy Holding Corporation is a subsidiary of Lavacano Holdings Limited.

Open

0.97

Mkt cap

38M

Volume

37K

High

0.97

P/E Ratio

-3.83

52-wk high

3.59

Low

0.92

Div yield

N/A

52-wk low

0.66

Scienjoy Holding reported a significant downturn in its FY23 financial results, with a net loss of $4.9 million compared to a net income of $195.2 million in FY22. Revenues fell by 25% to $206.3 million, primarily due to decreased paying users and ARPPU in China's competitive mobile live streaming market. Operating expenses rose by 27.4%, while sales and marketing expenses decreased. The company also faced investment losses and impairments, contributing to the overall net loss. Despite these challenges, cash and cash equivalents increased by 17.2% to $28.9 million.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 8:37 pm

In Wednesday's intraday session, several Communication Services stocks experienced significant movements. Notably, Chicken Soup for the Soul (CSSE) surged by 140.2% following its Q4 earnings release three days ago. Other gainers included WiMi Hologram Cloud (WIMI) and Bilibili (BILI), with increases of 43.36% and 11.35%, respectively. On the downside, Cineverse (CNVS) and Direct Digital Holdings (DRCT) saw declines of 14.8% and 13.42%. Travelzoo (TZOO) also dropped by 8.9% after its Q1 earnings announcement.

Portfolio Pulse from Benzinga Insights

April 24, 2024 | 4:31 pm

In Friday's after-market session, several Communication Services stocks experienced notable movements. NextPlay Technologies, Chicken Soup for the Soul, VS Media Holdings, Scienjoy Holding, MediaCo Holding, and Taboola.com saw gains, with increases ranging from 4.81% to 8.1%. Conversely, Hanryu Holdings, National CineMedia, Fangdd Network Group, Zhihu, Blue Hat Interactive, and Global Mofy Metaverse faced declines, with decreases ranging from 3.07% to 5.6%.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 9:34 pm

Numerous companies are scheduled to report their earnings on February 29, 2024, covering a wide range of industries from technology to healthcare. This includes both expected quarterly profits and losses, with significant revenues anticipated for some. The diversity of sectors represented, from energy to financial services, highlights the broad economic implications of these reports.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 10:15 am

The article highlights four oversold tech and telecom stocks in the communication services sector with RSI values near or below 30, indicating potential for growth in February. These include Scienjoy Holding Corporation (SJ), Global Mofy Metaverse Limited (GMM), Moving iMage Technologies, Inc. (MITQ), and Iridium Communications Inc. (IRDM). Each company's recent performance and stock price action are discussed, suggesting a short-term investment opportunity.

Portfolio Pulse from Avi Kapoor

February 16, 2024 | 11:54 am

In Tuesday's pre-market session, 11 Communication Services Stocks saw significant movements. ZoomInfo Technologies (ZI) led the gainers with a 19.2% increase following their Q4 earnings release. Other notable gainers include Gamer Pakistan (GPAK), Starbox Group Holdings (STBX), TripAdvisor (TRIP), and Global Mofy Metaverse (GMM). On the losing end, Mobile Global Esports (MGAM) and MultiMetaVerse Holdings (MMV) saw the largest declines. The movements reflect varying market capitalizations and investor reactions to company-specific news.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 1:06 pm

In Friday's after-market session, several communication services stocks experienced notable movements. Motorsport Games (MSGM) led the gainers with an 11.6% increase, while Cars.com (CARS) saw the largest decrease among the losers, dropping by 5%. Other notable movers included NFT (MI), VS Media Holdings (VSME), and Society Pass (SOPA). The movements reflect changes in investor sentiment and market dynamics for these stocks.

Portfolio Pulse from Benzinga Insights

February 09, 2024 | 9:31 pm

Communication Services stocks showed significant movement in Wednesday's intraday session. Loop Media, Criteo, WiMi Hologram Cloud, AirNet Technology, Roblox, and Gogo were among the gainers, with notable increases in their stock prices following earnings reports for some. Conversely, Snap, Asset Entities, E W Scripps, FuboTV, Scienjoy Holding, and Gray Television experienced declines, with Snap's drop following its Q4 earnings report.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 5:31 pm

In Tuesday's after-market session, several communication services stocks saw significant movements. Gray Television, Collective Audience, Treasure Global, Chicken Soup for the Soul, Starbox Group Holdings, and Lumen Technologies were among the gainers, with Gray Television leading with a 10.5% increase. On the downside, Snap, Loop Media, Charge Enterprises, Pinterest, Scienjoy Holding, and Asset Entities experienced declines, with Snap facing the steepest drop of 31.8%. Notably, Lumen Technologies, Snap, and Loop Media released their earnings reports.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 9:31 pm

Air Products and Chemicals, Inc. (APD) shares fell by around 15% after reporting Q1 financial results below expectations and lowering FY24 EPS guidance. Other stocks showed significant movements, with notable gainers including Yield10 Bioscience (YTEN) and 4D Molecular Therapeutics (FDMT), and losers like NanoString Technologies (NSTG) and DMK Pharmaceuticals (DMK) due to bankruptcy proceedings.

Portfolio Pulse from Avi Kapoor

February 05, 2024 | 5:56 pm

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