Why Shares of Sea Ltd. Slumped Today [The Motley Fool]
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: The Motley Fool
Blockbuster revenue growth was paired with massive losses. The market wasn't thrilled with that combination. Timothy Green ( TMFBargainBin ) Feb 28, 2018 at 4:11PM What happened Shares of Sea Ltd. ( NYSE:SE ) dropped on Wednesday following a mixed fourth-quarter report. The internet company beat analyst expectations for revenue, but the bottom line fell well short. The stock was down about 11% at 3:40 p.m. EST. So what Sea Ltd. reported fourth-quarter adjusted revenue of $164.5 million, up 72.8% year over year and $54.4 million higher than the average analyst estimate. Digital entertainment adjusted revenue rose 59.2% to $141.9 million, and e-commerce adjusted revenue jumped 61.6% to $9.3 million. Gross merchandise value in the e-commerce business more than tripled to $1.6 billion, while gross transaction value in the digital financial services
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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
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Earnings
- 3/4/24 - Beat