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FTFT Announces Special Meeting of Shareholders
Prnewswire· 2025-08-27 12:30
Core Points - Future FinTech Group Inc. will hold a special meeting of shareholders on September 2, 2025, at 10:00 a.m. Hong Kong time [1] - Shareholders as of the record date on July 2, 2025, are encouraged to submit their votes via the Proxy Card [2] - Future FinTech Group Inc. operates as a comprehensive financial and digital technology service provider, offering brokerage, investment banking, and supply chain finance services [3]
Sea Limited (SE) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-08-12 20:31
Core Insights - Sea Limited reported revenue of $5.36 billion for the quarter ended June 2025, reflecting a year-over-year increase of 37.2% and a surprise of +4.67% over the Zacks Consensus Estimate of $5.12 billion [1] - The company's EPS was $0.85, up from $0.46 in the same quarter last year, although it fell short of the consensus estimate of $0.99 by -14.14% [1] Financial Performance Metrics - Gross GMV for E-commerce reached $29.8 million, exceeding the average estimate of $28.6 million [4] - Quarterly active users totaled 665, slightly above the average estimate of 664 [4] - Gross Orders in E-commerce were 3.3 billion, surpassing the average estimate of 3.03 billion [4] - Bookings for Digital Entertainment amounted to $661.3 million, compared to the estimated $635.72 million [4] - Quarterly paying users were 62, exceeding the average estimate of 60 [4] - Revenue from Digital Entertainment was $559.12 million, above the average estimate of $520.42 million [4] - Revenue from E-Commerce reached $3.77 billion, compared to the average estimate of $3.62 billion, marking a +33.7% year-over-year change [4] - Revenue from Digital Financial Services was $882.81 million, exceeding the average estimate of $799.75 million, with a +70% year-over-year increase [4] - Revenue from Other Services was $46.48 million, surpassing the average estimate of $36.66 million, reflecting a +51.4% year-over-year change [4] - Adjusted EBITDA for Digital Entertainment was $368.19 million, slightly above the average estimate of $357.85 million [4] - Adjusted EBITDA for E-commerce was $227.69 million, below the average estimate of $248.63 million [4] - Unallocated expenses showed an adjusted EBITDA of -$8.14 million, better than the average estimate of -$20.22 million [4] Stock Performance - Sea Limited's shares have returned -3.2% over the past month, contrasting with the Zacks S&P 500 composite's +2% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]
Stay Ahead of the Game With Sea Limited (SE) Q2 Earnings: Wall Street's Insights on Key Metrics
ZACKS· 2025-08-07 14:16
Core Insights - Sea Limited is expected to report quarterly earnings of $0.99 per share, reflecting a year-over-year increase of 115.2% and revenues of $5.12 billion, which is a 31.1% increase compared to the previous year [1] Earnings Estimates - Over the last 30 days, the consensus EPS estimate has been revised downward by 3%, indicating a collective reassessment by analysts [2] - Revisions to earnings estimates are significant indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [3] Revenue Projections - The consensus estimate for 'Revenue- E-Commerce' is projected at $3.62 billion, representing a year-over-year change of +28.4% [4] - 'Revenue- Digital Financial Services' is expected to reach $799.75 million, indicating a year-over-year change of +54% [5] - 'Revenue- Other Services' is projected to be $36.66 million, reflecting a +19.4% change from the prior year [5] User Metrics - Analysts forecast 'Quarterly active users' to be 664, up from 648 in the same quarter last year [6] - The estimate for 'Quarterly paying users' is 60, compared to 53 in the previous year [6] EBITDA Estimates - 'Adjusted EBITDA- Digital Entertainment' is expected to reach $357.85 million, up from $302.80 million year-over-year [6] - 'Adjusted EBITDA- Digital Financial Services' is projected at $249.39 million, compared to $164.68 million in the same quarter last year [7] Stock Performance - Shares of Sea Limited have decreased by 3.4% in the past month, contrasting with a +1.2% move of the Zacks S&P 500 composite [7]
Sea Limited (SE) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-05-13 15:30
For the quarter ended March 2025, Sea Limited Sponsored ADR (SE) reported revenue of $5.12 billion, up 35.2% over the same period last year. EPS came in at $0.86, compared to $0.21 in the year-ago quarter.The reported revenue represents a surprise of +4.21% over the Zacks Consensus Estimate of $4.91 billion. With the consensus EPS estimate being $0.93, the EPS surprise was -7.53%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...