Luxembourg – 25 May 2024 - Subsea7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a sizeable1 contract by Serica Energy, for the Belinda field development south-east of the Triton FPSO. The Belinda field is operated by Serica Energy and located approximately 190 kilometres east of Aberdeen in the UK Central North Sea, with a water depth of 95 metres. The contract scope includes project management, engineering, procurement, construction and installation (EPCI) of a 5-kilometre 8" production ...

浦银国际研究 Sea Sea（SE.US）：电商竞争缓和，游戏 业务复苏，上调至"买入"评级 竞争格局缓和，电商业务加速增长：1Q24 电商收入为 27.5 亿美元， 同比增长32.9%，比市场预期高6.4%，其中核心市场收入同比增长47%， 增值服务收入同比增长 8%；GMV 同比增长 36%至 236 亿美元，整体 订单量同比增长 57%至 26 亿笔，平均单价有所下滑。电商行业竞争格 局有所缓和，公司 1Q24 电商业务销售费用率环比改善 9pp 至 25%， 推动调整后 EBITDA 亏损收窄至接近盈亏平衡。随着东南亚电商竞争呈 现缓和趋势，整体变现率有所回升，单位经济环比改善，我们预计下 半年电商业务有望重回盈利，全年 GMV 增速有望超过 20%。 投资风险：电商竞争加剧；游戏业务下滑。 赵丹 首席互联网分析师 dan_zhao@spdbi.com (852) 2808 6436 市场预期区间 公司研究 公司研究 | 互联网行业 业绩优于市场预期：1Q24 公司收入 37.3 亿美元，同比增长 22.8%，高 于市场预期 3.4%；经调整 EBITDA 为 4.0 亿美元，大幅优于市场预期的 2. ...

证券研究报告 | 2024年05月16日 2024Q1 点评：东南亚电商竞争趋缓，带动公司收入利润变现 亮眼 电商业务：东南亚电商竞争趋缓，GMV 同比+36%，环比减亏明显。本季度电 商业务营收 27 亿美元，同比+33%，收入增速环比提升，我们认为主要与 TikTok Shop 退出印尼市场竞争放缓有关，其中核心市场收入增速 47%，物 流相关增值收入增速+8%，受公司降低物流成本影响；本季度电商经调整 EBITDA 为-0.2 亿美元，经调 EBITDA 利润率-1%，亏损环比大幅收窄，主要 得益于电商直播 UE 显著改善。 数字金融：收入和利润稳健增长，不良率环比持平。本季度公司数字金融业 务实现收入 5 亿美元，同比增长 21%，主要受信贷业务驱动。经调整 EBITDA 为 1.5 亿美元，利润率 30%（去年同期为 24%），环比降低约 1pct，利润环 比较弱主要由于投入更多费用获取新用户。 核心观点 公司研究·海外公司财报点评 证券分析师：张伦可 联系人：王颖婕 0755-81982651 0755-81983057 zhanglunke@guosen.com.cnwangyingjie1@g ...

Amazon stock has soared fivefold since 2016, but if you missed out on those gains, Sea Limited might offer another chance.Amazon (AMZN 0.58%) was founded in 1994 to sell products using the Internet. Since then, it has become the dominant player in the e-commerce industry. However, the company has also expanded into other areas, such as cloud computing, streaming, and digital advertising.Shares of Amazon have climbed more than fivefold since 2016, and while e-commerce remains the company's largest source of ...

Sea Limited has returned to double-digit revenue growth on an overall basis.Sea Limited (SE 3.25%) may finally benefit from its role as the premier e-commerce conglomerate in Southeast Asia.Much like Amazon in the U.S. and MercadoLibre in Latin America, it is the leading e-commerce company in its respective region. That helped the stock peak above $372 at the height of the 2021 bull market.Unfortunately, missteps such as expanding Shopee's e-commerce operations outside of Southeast Asia and the reduced popu ...

Reducing delivery times can help drive adoption.For those who have been holding shares of Latin American e-commerce and fintech business MercadoLibre (MELI 0.58%) over the last five years: Congratulations, it's been an enriching ride. The stock is up roughly 200% during that time as its business has boomed.MercadoLibre stock is up because the business has grown substantially. In the first quarter of 2019, the company's e-commerce platform had 18.8 million active buyers and merchandise volume of $3 billion. ...

Despite Sea Limited's soaring cash flow, its shares are trading at a reasonable price. A solid first-quarter report recently boosted shares of Sea Limited (SE 3.98%). The company also convinced several Wall Street analysts that its business is worth more than its market valuation. Benchmark analyst Fawne Jiang recently raised her price target for the e-commerce, entertainment, and finance conglomerate to $87 per share. The new target implies a gain of about 31% from recent prices. Some good reasons to be bu ...

Sea Limited's growth story might be back on track. In this video, I will go over Sea Limited's (SE 4.01%) earnings report, explain why the stock is up 66% this year, and make some predictions for investors. *Stock prices used were from the trading day of May 14, 2024. The video was published on May 15, 2024. ...

Sea Limited (SE) reported earnings of 21 cents per share in first-quarter 2024, missing the Zacks Consensus Estimate of 41.67%. The company posted earnings of 61 cents per share in the year-ago quarter.Revenues of $3.79 billion increased 27.8% on a year-over-year basis, beating the Zacks Consensus Estimate by 4.76%. The uptick was primarily driven by growth in Gross Merchandise Value (GMV) for e-commerce and the credit business.The company’s shares have gained 63.6% year to date compared with the Zacks Comp ...

For the quarter ended March 2024, Sea Limited Sponsored ADR (SE) reported revenue of $3.79 billion, up 27.8% over the same period last year. EPS came in at $0.21, compared to $0.61 in the year-ago quarter.The reported revenue represents a surprise of +4.76% over the Zacks Consensus Estimate of $3.62 billion. With the consensus EPS estimate being $0.36, the EPS surprise was -41.67%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...