Q2营收远超预期 Sea(SE.US)大涨近18%

Core Viewpoint - Sea's stock surged nearly 18% to a three-year high of $171.12 following the release of its second-quarter earnings, which exceeded analyst expectations due to increased online purchasing trends among Southeast Asian consumers [1] Financial Performance - Sea's revenue for the three months ending in June reached a record $5.26 billion, representing a 38% year-over-year growth, significantly surpassing the average analyst estimate of $5 billion [1] - The company's net profit rose from $79.9 million in the same period last year to $414.2 million, although it fell short of analyst predictions of $444 million [1] Business Segments - Historically, Sea relied on cash flow from its gaming business, Garena, to support the growth of its e-commerce platform Shopee and digital financial services through Monee. However, both Shopee and Monee have now achieved healthier financial positions [1] - This improved financial status allows Sea to increase investments in Garena, which has shown strong recovery over the past year and a half [1]