SE Sea
- 66.800
- +2.340+3.63%
Sea News
Press Release: Sea Limited Reports First Quarter 2024 Results
Sea Limited Reports First Quarter 2024 Results SINGAPORE--(BUSINESS WIRE)--May 14, 2024-- Sea Limited (NYSE: SE) ("Sea" or the "Company") today announced its financial results for the first quarter
Asian Equities Traded in the US as American Depositary Receipts Trend Modestly Higher in Tuesday Trading
Asian equities traded in the US as American depositary receipts were trending modestly higher Tuesday morning, rising 0.36% to 1,911.18 on the S&P Asia 50 ADR Index. From North Asia, the gainers were
Sea Limited's CEO Celebrates Strong Q1 Across Segments, Highlights E-commerce and Digital Entertainment Growth
Sea Limited (NYSE:SE) reported fiscal first-quarter 2024 revenue growth of 22.8% year-on-year to $3.73 billion, beating the analyst consensus estimate of $3.56 billion. EPS loss of $(0.04), down from
The e-commerce business continues to gain strength, and Sea (SE.US)'s “internal volume” is emboldened: Q1 performance exceeded expectations
Zhitong Finance learned that Sea (SE.US) reported first-quarter earnings that exceeded analysts' expectations, indicating that the Southeast Asian e-commerce leader is trying to cope with intense competition from companies such as TikTok. The Singapore-based internet company announced an adjusted EBITDA of US$401 million. Although down 21% from the same period last year, it still far exceeded analysts' average expectations of US$222 million. Sales also beat expectations, rising 22.7% year over year to $3.73 billion; net loss of $23.7 million fell short of analysts' expectations.
Sector Update: Consumer Stocks Mixed Pre-Bell Tuesday
Consumer stocks were mixed pre-bell Tuesday with the Consumer Staples Select Sector SPDR Fund (XLP) advancing by 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.5% recently. A
Wedbush: Reiterates the Sea (SE.US) rating and adjusted from superior to superior market rating, with a target price of $72.00.
Wedbush: Reiterates the Sea (SE.US) rating and adjusted from superior to superior market rating, with a target price of $72.00.
Wedbush Reiterates Outperform on Sea, Maintains $72 Price Target
Wedbush analyst Scott Devitt reiterates Sea (NYSE:SE) with a Outperform and maintains $72 price target.
Sea Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 05/14/2024 7.24% Wedbush → $72 Reiterates Outperform → Outperform 05/06/2024 16.17% Benchmark → $78 Reiter
Top Premarket Gainers
GameStop (GME) stock was up over 130% in recent Tuesday premarket activity, a day after "Roaring Kitty," the social media persona that sparked a massive stock rally with the videogame retailer in 2021
Sea Ltd Jumps as Credit Losses Decline, Company Keeps 2024 Outlook
Stocks Uneven Pre-Bell as Wall Street Awaits Producer Price Report; Asia, Europe Churn
US equity futures were uneven before Tuesday's open as traders gear up for the release of last month's producer price index report. The S&P 500 futures remained nearly flat, the Dow Jones Industrial A
Shopee-owner Sea Tops Quarterly Revenue Estimates on E-commerce Strength
Sea Swings to Q1 Net Loss, Revenue Increases
Sea (SE) reported a Q1 net loss Tuesday of $0.04 per diluted share, swinging from earnings of $0.15 a year earlier. Analysts polled by Capital IQ expected EPS of $0.03. Revenue for the quarter ended M
Nasdaq, S&P 500 Futures On Edge As Traders Gear Up For PPI Data, Powell's Speech: Why This Analyst Remains Hopeful Despite Market Losing Some Momentum
The market mood appears to be fidgety early on Tuesday as traders eye the week's twin inflation reports and other market-moving economic events. The producer price inflation report due ahead of the ma
Express News | Singapore Donghai Group's revenue for the first quarter increased 22.8% year-on-year
Sea Shares Are Trading Higher Following a Q1 Revenue Beat.
Sea Shares Are Trading Higher Following a Q1 Revenue Beat.
Sea Affirmed FY24 Outlook (Reported Earlier, Shopee's 2024 GMV Growth of High Teens Range and Adjusted EBITDA to Turn Positive in the Second Half of This Year)
On digital entertainment, Mr Li said, "We are pleased to share that Garena is back to positive growth, led by Free Fire's strong performance across markets." Specifically on Free Fire, Mr Li commented
Earnings Flash (SE) SEA LIMITED Reports Q1 Revenue $3.73B, Vs. Street Est of $3.62B
06:33 AM EDT, 05/14/2024 (MT Newswires) -- Earnings Flash (SE) SEA LIMITED Reports Q1 Revenue $3.73B, vs. Street Est of $3.62B
Sea Q1 2024 GAAP EPS $(0.04) Misses $(0.02) Estimate, Sales $3.734B Beat $3.564B Estimate
Sea (NYSE:SE) reported quarterly losses of $(0.04) per share which missed the analyst consensus estimate of $(0.02) by 100 percent. The company reported quarterly sales of $3.734 billion which beat t
Correct: Sea 1Q Loss $23M >SE
Correct: Sea 1Q Loss $23M >SE
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