Sea shares jump almost 20% after strong Q2, as CEO Forrest Li searches for new growth opportunities

Sea shares jump almost 20% after strong Q2, as CEO Forrest Li searches for new growth opportunities

Strong second quarter results sent shares of Sea, the Singaporean tech company, up 19% in New York trading on Tuesday. Shares are now up more than 60% for the year thus far, even as shares are still far from their 2021 highs.  Sea reported revenue of $5.3 billion for the quarter ending June 2025, an almost 40% jump year-on-year. Net income also reached $414.2 million, more than five times greater than the $79.9 million profit recorded a year ago…

Sea's revenue, earnings rise in second quarter

Singapore-based technology conglomerate Sea Limited has reported higher revenue and earnings in the second quarter, underpinned by growth in all business segments. The firm said in a statement on Tuesday that its total revenue was $5.3 billion, up 38.2 percent year-on-year during the quarter. The group’s total gross profit was $2.4 billion, up 52.1 percent year-on-year. Its total net income during the quarter was $414.2 million, surged from $79.…