Sea Ltd. (SE) Misses Q3 EPS by 1c

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Go back to Sea Ltd. (SE) Misses Q3 EPS by 1c

Sea Limited Reports Third Quarter 2021 Results

November 16, 2021 6:30 AM EST

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

Third Quarter 2021 Highlights

Group Total GAAP revenue was US$2.7 billion, up 121.8% year-on-year. Total gross profit was US$1.0 billion, up 147.5% year-on-year. Total adjusted EBITDA1 was US$(165.5) million compared to US$120.4 million for the third quarter of 2020.

Digital Entertainment Bookings2 were US$1.2 billion, up 29.2% year-on-year. Adjusted EBITDA1 was US$715.1 million, up... More