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 ...

Hello everyone and thank you for joining todayÂ's call. I am pleased to share that we are kicking off 2024 with a strong quarter. All our three businesses have delivered solid growth with an improved profit profile. The macro-environment in the past few years has been challenging, many of you have been with us through this journey. Going through this period has made us leaner, sweeter, and savvier. While we will always face new challenges, we are now much more confident of our ability to weather headwinds w ...

Sea 1Q 2024 Results | US$ Billions YoY: +28.7% 2.5 3.1 3.3 1Q 2023 4Q 2023 1Q 2024 QoQ: +5.1% Note: Financial figures are unaudited. 1. Consumer and SME loans principal outstanding including both on-book and off-book loans. Off-book loans principal outstanding mainly refers to channeling arrangements, which is lending by other financial institutions on our platform. 2. GAAP revenue for the digital entertainment segment plus change in digital entertainment deferred revenue. This operating metric is used as a ...

Sea Limited (SE) is set to release its first-quarter 2024 results on May 14.The Zacks Consensus Estimate for earnings has been unchanged at 36 cents in the past 30 days. The figure declined 40.98% year over year.The consensus mark for revenues is currently pegged at $3.62 billion, indicating 22.02% growth from the year-ago quarter’s reported figure.SE’s earnings beat the Zacks Consensus Estimate in one of the trailing four quarters while missing the same in the remaining three, the negative earnings surpris ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Sea Limited Sponsored ADR (SE) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Sea Limited currently has a ...

Wall Street analysts forecast that Sea Limited Sponsored ADR (SE) will report quarterly earnings of $0.36 per share in its upcoming release, pointing to a year-over-year decline of 41%. It is anticipated that revenues will amount to $3.62 billion, exhibiting an increase of 22% compared to the year-ago quarter.The consensus EPS estimate for the quarter has undergone an upward revision of 6.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have re ...

Sea Limited Sponsored ADR (SE) closed the most recent trading day at $66.13, moving -0.8% from the previous trading session. This change lagged the S&P 500's daily gain of 1.03%. Elsewhere, the Dow gained 0.46%, while the tech-heavy Nasdaq added 1.19%.Heading into today, shares of the company had gained 20.59% over the past month, outpacing the Computer and Technology sector's loss of 0.68% and the S&P 500's loss of 1.57% in that time.Investors will be eagerly watching for the performance of Sea Limited Spo ...

The company has a lot riding on e-commerce.Shares of Sea Limited (SE -0.56%) rose 17.7% in April, according to data provided by S&P Global Market Intelligence. This was in sharp contrast to the 4% decline for the S&P 500 -- a large monthly decline for an index. The company was able to buck the market's downward trend thanks to improving optimism among the analyst community in the middle of the month.Investors have been preoccupied with competition for Sea's e-commerce platform, Shopee, from TikTok. In key m ...

Sea Limited Sponsored ADR (SE) closed the most recent trading day at $62.86, moving +0.05% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 1.02% for the day. At the same time, the Dow added 0.4%, and the tech-heavy Nasdaq gained 2.03%.Coming into today, shares of the company had gained 16.98% in the past month. In that same time, the Computer and Technology sector lost 5.32%, while the S&P 500 lost 3.15%.Investors will be eagerly watching for the performanc ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________ FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ OR ☐ SH ...