Sea First-Quarter Results Mixed But Stock Jumps To New High [Investor's Business Daily]
Sea Limited American Depositary Shares, each representing one Class A Ordinary Share (SE)
Last sea limited american depositary shares, each representing one class a ordinary share earnings: 3/3 06:30 am
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Source: Investors Business Daily
Related news Asian e-commerce company Sea Limited ( SE ) reported mixed first-quarter earnings results early Monday, with double-digit gains in users. Sea stock hit a new high. The company reported an adjusted loss of 52 cents per share as adjusted revenue swelled 58% to $913.9 million. Wall Street expected a loss of 35 cents on revenue of $913.3 million. Sea stock jumped 10%, near 68.60, during morning action on the stock market today , hitting a new all-time high. Singapore-based Sea says it operates the largest digital entertainment platform and the largest e-commerce operation in the Southeast Asia region. It also has a digital payment services business. The company also operates one of the most popular online gaming platforms in the region, called Garena. Its services include online mobile games and esports. Quarterly active users for its digital entertainment services group jumped 48% to 402 million from the year-ago period. Quarterly paying users grew 73% to 35.7 million. In it
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News
- Chinese Metal Tycoon's Heir Buys $62 Million Singapore Mansion [BNN Bloomberg (Canada)]BNN Bloomberg
- Sea Limited (NYSE: SE) was upgraded by analysts at Loop Capital from a "hold" rating to a "buy" rating. They now have a $92.00 price target on the stock, up previously from $59.00.MarketBeat
- Sea Limited or Mercado Libre: Which Is the Best Growth Stock to Buy? [Yahoo! Finance]Yahoo! Finance
- Sea Limited (NYSE: SE) was upgraded by analysts at Morgan Stanley from an "equal weight" rating to an "overweight" rating. They now have a $70.00 price target on the stock, up previously from $65.00.MarketBeat
- Sea Limited (NYSE: SE) was upgraded by analysts at Bank of America Co. from a "neutral" rating to a "buy" rating. They now have a $70.00 price target on the stock, up previously from $62.00.MarketBeat
SE
Earnings
- 3/4/24 - Beat