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2023-05-17 09:42:50 ET Summary The e-commerce segment continued to grow at a fast pace despite pivoting to positive adjusted EBITDA margin as management focused on improving operating efficiencies. Garena faced revenue headwinds as the quarterly paying user ratio worsened in the q...
2023-05-16 14:29:59 ET Shares of video game, e-commerce, and financial technology company Sea Limited (NYSE: SE) sank like a rock on Tuesday morning after the company reported its results for the first quarter of 2023. As of 2:27 p.m. ET, Sea Limited stock was down by about 19%. ...
2023-05-16 12:56:20 ET Major market averages were lower during Tuesday's midday session as investors await the outcome of the debt ceiling negotiations between congressional leaders and President Joe Biden. Tracking individual stocks, Sea Limited ( NYSE: SE ) and iQIYI ( NASDA...
2023-05-16 12:36:00 ET The stock market was mixed at midday on Tuesday, as investors tried to reach a comfort level with the state of the global economy and the combination of near-term and longer-term factors affecting businesses and their strategic vision. Although the Nasdaq Composite ...
2023-05-16 12:05:00 ET Summary Sea Limited reported Q1 2023 earnings that didn't live up to investor expectations. Sea reported 5% y/y revenue growth rates. However, investors had been hoping for even better growth rates this quarter. I make the case that these results are far...
2023-05-16 11:14:06 ET Sea Limited (SE) Q1 2023 Earnings Conference Call May 16, 2023, 07:30 AM ET Company Participants Min Ju Song - Senior Manager, Group Chief Corporate Officer’s Office Forrest Li - Chairman and Group Chief Executive Officer Tony Hou - ...
2023-05-16 10:00:00 ET In this video, I will go over Sea Limited 's (NYSE: SE) first-quarter earnings report, which saw the company generate net income for the second quarter in a row. Despite the positive effect of the cost cuts, the market wasn't convinced. *Stock prices use...
2023-05-16 07:50:22 ET Sea Ltd. ( NYSE: SE ) shares fell nearly 9% in pre-market trading on Tuesday after the Singapore tech giant reported first-quarter earnings that widely missed expectations due to a sharp increase in loan loss reserves. For the period ending March 3...
2023-05-16 06:32:48 ET Sea press release ( NYSE: SE ): Q1 EPS of $0.15 may not be comparable to consensus of $0.73. Total net income was negatively impacted by US$117.9 million impairment of goodwill associated with prior acquisition. Revenue of $3.04B (+4.8% Y/Y) in-l...
Sea Limited (NYSE: SE) (“Sea” or the “Company”) today announced its financial results for the first quarter ended March 31, 2023. “The first quarter of 2023 was another strong quarter for us,” said Forrest Li, Sea’s Chairman and Group Chief Exe...
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2024-07-15 10:10:02 ET Shares of Asian business Sea Limited (NYSE: SE) skyrocketed 76.3% in the first half of 2024, according to data provided by S&P Global Market Intelligence . The stock has been more heavily influenced by investor sentiment than business results, as I'll ...
2024-06-28 08:30:07 ET DBS Bank analyst issues HOLD recommendation for SE on June 28, 2024 06:54AM ET. SE was trading at $74.51 at issue of the analyst recommendation. The overall analyst consensus : BUY. Current analyst recommendations are : 19 - Buy, 6 - Hold, 2 - Sell...
2024-06-23 05:05:00 ET Billionaire Chase Coleman of Tiger Global Management built his reputation by making correct calls on Facebook's parent Meta Platforms and Microsoft 's LinkedIn. More recently, he made what may be a once-in-a-generation bet on Southeast Asian conglomerate ...