SEA (NYSE:SE) Posts Earnings Results, Misses Expectations By $0.26 EPS

Sea Limited Q3: 3 Businesses, 1 Undervalued Stock (NYSE:SE)

Sea Limited is a Buy at 15x FWD earnings, citing 43.4% Q3 revenue growth and a $500M top-line beat despite modest EPS pressure. Click for this SE stock update.

SEA (NYSE:SE) Posts Earnings Results, Misses Expectations By $0.26 EPS

SEA (NYSE:SE - Get Free Report) issued its earnings results on Tuesday. The Internet company based in Singapore reported $0.78 earnings per share for the quarter, missing the consensus estimate of $1.04 by ($0.26). SEA had a return on equity of 13.54% and a net margin of 5.98%. The company had revenue of $8.58 billion during the quarter, compared to analyst estimates of $8.08 billion. During the same period in the prior year, the business earned…

Sea Q3 net income up 34% at US$502.5 million on Shopee’s strong performance

The group’s e-commerce arm reports its most profitable quarter yet, with 44.7% growth in adjusted Ebitda Read more at The Business Times.

Sea Limited (SE) Stock: Slides Despite Shopee Growth and $502.5M Quarterly Profit

TLDR SE stock drops 6.70% premarket to $72.78 despite Sea’s strong Q3 earnings report. Sea Limited’s quarterly revenue jumps 43.4% to $8.6B as Shopee drives growth. Shopee’s gross merchandise value climbs 23.3% to $39.7B during the quarter. Monee revenue surges 63.9%, while credit loss provisions climb 82.3% in Q3. Garena EBITDA rises 45.9% as Sea [...]

Sea Schedules Fiscal Third-Quarter Results Before U.S. Open Nov. 10

Shopee’s adjusted EBITDA rose 12.2% in the second quarter, while Monee’s credit-loss provisions increased 71.5%.