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 year-over-year growth of 38%, 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 slightly short of the analyst forecast of $444 million [1] Business Segments - Historically, Sea relied on the 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, allowing Sea to increase investments in Garena [1] - Garena has shown strong recovery over the past year and a half, contributing positively to Sea's overall financial health [1]
美股异动 | Q2营收远超预期 Sea(SE.US)大涨近18%