"Fishing continues to be one of the world's most popular recreational activities and we see more and more of our customers utilizing our brands to get out on the water and enjoy fishing with family and friends. With that said, it only made sense to continue to capitalize on the innovation we are known for to create an even more immersive fishing experience for our customers," says James Heintz, Director of Global Product Strategy, SeaDoo & Marine Group at BRP. Taking PWC fishing to the next level The FishPr ...

thitivong Summary I am neutral on Expeditors International of Washington (NYSE:EXPD), as there is very little visibility into the earnings growth outlook over the medium term. While I acknowledge the near-term strength stemming from the Red Sea conflict situation, I don't think the market appreciates what happens when the conflict gets resolved. EXPD is currently trading at 23x (the high end of its historical trading range), which means there is plenty of room to fall if the risk I highlighted below plays o ...

The AI trade is back on. After a few weeks of turbulence, the stock market shifted back to the early-2024 narrative of buying all things artificial intelligence (AI) this week. Not only were we past the earnings season question about future demand for AI, but investors are now speculating about what Nvidia's (NVDA 1.19%) earnings will look like. For this week, shares of Nvidia jumped 18.8%, Super Micro Computer (SMCI 0.22%) was up 22.1%, and Sea Ltd (SE -0.14%) rose 23.3%, as of 3 p.m. ET on Friday afternoo ...

SEA Today SE SEA $79.68 +0.39 (+0.49%) 52-Week Range $34.35 ▼ $79.93 P/E Ratio 1,593.60 Price Target $77.29 Add to Watchlist Singapore-based e-commerce, gaming, and financial services company Sea Limited NYSE: SE added to its ongoing stock rally following an earnings beat on Tuesday, with shares almost doubling in the last year heading into the end of the week. All three of the firm's major businesses experienced sales growth and strong profitability, though the cost of revenue remains a factor impacting ne ...

Investment Rating - The investment rating for the company is "Outperform" [2][4][10] Core Insights - The company's revenue for Q2 2024 reached $3.8 billion, representing a year-on-year growth of 23%, primarily driven by the e-commerce and digital finance sectors, partially offset by a decline in gaming revenue [1][5] - The adjusted EBITDA margins for e-commerce, gaming, and digital finance in Q2 2024 were -0.3%, 70%, and 32% respectively, compared to 7%, 45%, and 32% in the same period last year [1][5] - E-commerce revenue grew by 34% year-on-year to $2.8 billion, with a significant improvement in core market growth at 41% [1][7] - The gaming segment saw a revenue decline of 18% to $440 million, but adjusted EBITDA increased by 26% to $300 million, driven by strong performance from the game Free Fire [1][8] - Digital finance revenue grew by 21% year-on-year to $520 million, with an adjusted EBITDA margin of 32% [1][9] Summary by Sections E-commerce Business - The e-commerce segment's revenue was $2.8 billion, with a year-on-year increase of 34% and a gross merchandise value (GMV) growth of 29% [1][7] - The adjusted EBITDA for e-commerce was -$9 million, indicating a continued reduction in losses [1][7] - The company raised its full-year GMV growth guidance to approximately 25% [7] Gaming Business - Gaming revenue decreased to $440 million, a decline of 18% year-on-year, while the gaming gross revenue increased by approximately 21% to $540 million [1][8] - The number of active users reached 650 million, a 19% increase year-on-year, with paying users increasing by 22% to approximately 52.5 million [1][8] Digital Finance - Digital finance revenue was $520 million, reflecting a 21% year-on-year growth, primarily driven by credit services [1][9] - The adjusted EBITDA for this segment was $170 million, maintaining a profit margin of 32% [1][9]

Robert Way Introduction Sea Limited (NYSE:SE) — the Singaporean-based tech conglomerate that operates Garena, Shopee, and SeaMoney — just reported mixed Q2 earnings that sent shares running 12% higher. A year ago, Sea stock was priced for disaster as investors showed no love for the stock. That was when I initiated a position in Sea — at peak fear. Fast-forward to today, the stock is up 89% YTD, and all of a sudden, the bears and naysayers have turned bullish on the company. Amazing how human psychology wor ...

浦银国际研究 浦银国际 公司研究 Sea （SE.US） 公司研究 | 互联网行业 Sea（SE.US）：业绩优于预期，电商 业务指引上调 业绩优于市场预期：2Q24 公司收入 38.1 亿美元，同比增长 23.0%，高 于市场预期 3.5%；经调整 EBITDA 为 4.5 亿美元，高于市场预期 12.9%； 调整后净利润为 2.6 亿美元，高于市场预期 3.6%。 竞争格局稳定，电商业务指引上调：2Q24 电商收入为 28.2 亿美元， 同比增长 33.7%，其中核心市场收入同比增长 41.4%，增值服务收入同 比增长 15.5%；GMV 同比增长 29.1%至 233 亿美元，整体订单量同比 增长 40.3%至 25 亿笔，平均订单价环比有所回升；调整后 EBITDA 亏 损收窄至 918 万美元。东南亚电商竞争格局延续缓和趋势，行业变现 率稳步提升。公司预计三季度电商业务调整后 EBITDA 将转为正值，预 计全年电商 GMV 增速达到 25%上下（mid-twenties）。 Free Fire 强势复苏，游戏流水环比回升：2Q24 数字娱乐收入为 4.4 亿 美元，同比下降 18%，主要受递延收入 ...

BofA Securities analyst Sachin Salgaonkar reiterated the Buy rating on Sea Limited SE, raising the price objective to $84 from $77. Yesterday, the company reported fiscal second-quarter revenue growth of 23.0% year-on-year to $3.81 billion, beating the analyst consensus estimate of $3.72 billion. Following the results, the analyst revised the FY24/25 EPS estimates and adjusted the target multiples for gaming to 6.5X FY25E EV/EBITDA, up from 5.5X. The analyst notes that the company is well-positioned to bene ...

Sea Limited (SE) reported earnings of 46 cents per share in second-quarter 2024, missing the Zacks Consensus Estimate of 22.03%. The company posted earnings of 83 cents in the year-ago quarter. Revenues of $3.91 billion increased 29.9% on a year-over-year basis, beating the Zacks Consensus Estimate by 4.73%. The uptick was primarily driven by growth in Gross Merchandise Value (GMV) for e-commerce and the credit business. Top-Line Details Digital entertainment revenues totaled $435.6 million, down 17.7% year ...

Sea Limited's profitable growth story might be back on track. In this video, I will go over Sea Limited's (SE 11.85%) recent earnings report. Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were from the trading day of Aug. 12, 2024. The video was published on Aug. 13, 2024. ...