Sea Ltd. (SE) Misses Q2 EPS by 9c

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Go back to Sea Ltd. (SE) Misses Q2 EPS by 9c

Sea Limited Reports Second Quarter 2021 Results

August 17, 2021 6:30 AM EDT

SINGAPORE--(BUSINESS WIRE)-- Sea Limited (NYSE: SE) (Sea or the Company) today announced its financial results for the second quarter ended June 30, 2021.

Second Quarter 2021 Highlights

Group Total GAAP revenue was US$2.3 billion, up 158.6% year-on-year. Total gross profit was US$930.9 million, up 363.5% year-on-year. Total adjusted EBITDA1 was US$(24.1) million compared to US$7.7 million for the second quarter of 2020.

Digital Entertainment Bookings2 were US$1.2 billion, up 64.8% year-on-year. Adjusted EBITDA1 was US$740.9 million, up... More