Sea Ltd. (SE) Tops Q2 EPS, Revenues Miss
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Sea Limited Reports Second Quarter 2022 Results
August 16, 2022 6:30 AM EDTSINGAPORE--(BUSINESS WIRE)-- Sea Limited (NYSE: SE) (Sea or the Company) today announced its financial results for the second quarter ended June 30, 2022.
Our solid results for the quarter reflect our continued progress in enhancing efficiency and strengthening our ecosystem, said Forrest Li, Seas Chairman and Group Chief Executive Officer. Shopees unit economics improved significantly driven by gains in both monetization and efficiency across our markets, even as we sustained a healthy growth rate against tough comparisons. At Garena, we saw positive outcomes from our focus on user retention and efforts to bring more engaging... More
