Scienjoy Holding (SJ) has released an update.
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Scienjoy Holding Corporation experienced a positive first quarter in 2024, reporting a 3.9% rise in revenues and a significant turnaround in profitability with a 109.6% increase in income from operations. Gross profit surged by 32.4%, and net income attributable to shareholders shifted from a net loss in the previous year to a robust gain, highlighting the company’s successful strategic initiatives including global expansion and metaverse innovation.
For further insights into SJ stock, check out TipRanks’ Stock Analysis page.
