SE - Sea Stock Plunges on Q3 Report Faces Challenges in Digital Entertainment and E-Commerce Sectors | Benzinga
Sea Limited (NYSE: SE) reported third-quarter FY23 revenue growth of 4.9% year-on-year to $3.310 billion, beating the consensus of $3.109 billion.
Adjusted EPS loss of $(0.26), down from $(1.01) Y/Y, missed the consensus of $0.03.
Digital Entertainment revenue decreased 33.7% Y/Y to $592.15 million, and bookings improved to $447.9 million versus $443.1 million a year ago. The segment's adjusted ...