Sea Limited (NYSE:SE) reported fiscal third-quarter 2024 revenue growth of 30.8% year-on-year to $4.33 billion, beating the analyst consensus estimate of $4.08 billion. EPS of $0.24, up from $(0.26) Y/Y, missed the analyst consensus estimate of $0.26. The stock price gained after the print. Also Read: ASML’s IT Outage Affected Chipmaking Operations Worldwide Digital Entertainment revenue decreased 15.9% year over year to $497.85 million. Bookings improved to $556.5 million, up 24.3% Y/Y. The seg
(Bloomberg) -- A rally that drove stocks to a series of all-time highs struggled to gain much traction, with traders awaiting key inflation data and more clues on Donald Trump’s transition to presidency.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationEquities wavered after the S
(Bloomberg) -- Shares of Sea Ltd. jumped the most in more than a year-and-a-half after its e-commerce business reported its first profit on adjusted basis, a sign it’s holding its own against bigger Chinese rivals in Southeast Asian markets like Indonesia.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views
