Shares of Sea jumped more than 10% after reporting Q3 results, driven by a surge in profitability in its e-commerce segment. Revenue growth also accelerated, especially as the company monetized more ads on Shopee and grew its substantial loan portfolio. Risks include gaming revenue softness, potential loan losses in a recession, and high valuation compared to peers, but the stock still has upsi...
Sea Limited's (SE) U.S.-listed shares jumped Tuesday after the Singapore-based company posted better-than-expected sales on strong demand for its e-commerce and financial services.
SINGAPORE--(BUSINESS WIRE)--Sea Limited (NYSE: SE) (“Sea” or the “Company”) today announced its financial results for the third quarter ended September 30, 2024. “I'm happy to report that it has been another solid quarter. We are seeing high growth across all our three businesses,” said Forrest Li, Sea's Chairman and Chief Executive Officer. Referring to the growth of our three businesses, he s...
SINGAPORE--(BUSINESS WIRE)--Sea Limited (NYSE: SE) (“Sea” or the “Company”) plans to announce its third quarter 2024 results before the U.S. market opens on November 12, 2024, U.S. Eastern Time. The Company's management will host a conference call to discuss the third quarter 2024 results. A live webcast of this conference call will be available on the Company's website. Details of the webcast ...
Shares of Oracle and Sea Limited are up 68% and 158%, respectively, so far in 2024, and they are positioned for another strong year in 2025.
Register for Free
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.