2023-08-15 06:34:34 ET
- sea Ltd press release ( NYSE: SE ): Q2 GAAP EPS of $0.54 beats by $0.08 .
- Revenue of $3.1B (+5.4% Y/Y) misses by $150M .
- “In the second quarter of 2023, we delivered strong results, building upon many of the key initiatives we shared previously,” said Forrest Li, Sea’s Chairman and Group Chief Executive Officer. “In the past couple of quarters, we have not only achieved self-sufficiency, but also demonstrated the profitability of our model and our ability to manage fast and significant shifts in operational focus as we see fit. Given this, we have strengthened our execution capabilities and increased the stickiness of our ecosystem. We believe we are now on firmer footing to better serve our communities.”
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sea Ltd GAAP EPS of $0.54 beats by $0.08, revenue of $3.1B misses by $150M