Sea Ltd. (SE) Misses Q4 EPS by 55c, Revenues Miss
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Sea Limited Reports Fourth Quarter and Full Year 2020 Results
March 2, 2021 6:30 AM ESTSINGAPORE--(BUSINESS WIRE)-- Sea Limited (NYSE: SE) (Sea or the Company) today announced its financial results for the fourth quarter and full year ended December 31, 2020.
Fourth Quarter 2020 Highlights
Group Total GAAP revenue was US$1.6 billion, up 101.6% year-on-year. Total gross profit was US$533.7 million, up 101.5% year-on-year. Total adjusted EBITDA1 was US$48.7 million compared to US$(104.9) million for the fourth quarter of 2019. Digital Entertainment Bookings2 were US$1.0 billion, up 111.1% year-on-year. Adjusted EBITDA1 was US$663.5... More