UPDATE: CIMB Starts Sea Ltd. (SE) at Add, Sees Co as Digital proxy to ASEAN
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Sea Ltd. (SE) Misses Q2 EPS by 26c, Revenues Beat
August 18, 2020 6:32 AM EDTSea Ltd. (NYSE: SE) reported Q2 EPS of ($0.68), $0.26 worse than the analyst estimate of ($0.42). Revenue for the quarter came in at $1.29 billion versus the consensus estimate of $1.06 billion.
Second Quarter 2020 Highlights
Group
Total adjusted revenue was US$1,287.2 million, up 93.4% year-on-year from US$665.4 million for the second quarter of 2019.Total gross profit was US$200.8 million, up 106.1% year-on-year from US$97.4 million for the second quarter of 2019.Total adjusted EBITDA was US$7.7 million compared to US$(11.0) million for the second quarter of 2019.Digital Entertainment
Adjusted revenue was US$716.2 million, up 61.6% year-on-year from... More