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.
Stella-Jones Announces Second Quarter Results
Stella-Jones reported Q2 sales of $1.04 billion, slightly up from the prior year, but profitability declined sharply due to $32 million in restructuring charges and cost pressures.
Adjusted EBITDA fell to $167 million with a margin of 16.0%, down from 18.3% a year ago, while operating income dropped 39% to $95 million.
Despite the margin contraction, operating cash flow remained strong at $192 million and liquidity stood at $759 million; the board declared a dividend of $0.34 per share.