Sea (SE) adds 8% after crushing EPS estimates
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Sea Limited Reports Fourth Quarter and Full Year 2022 Results
March 7, 2023 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, 2022.
We are starting 2023 on a much stronger footing, said Forrest Li, Seas Chairman and Group Chief Executive Officer. Our decisive pivot to focus on efficiency and profitability since late last year is already driving meaningful bottom line improvements. We delivered positive total net income in the fourth quarter, demonstrating the strength and resilience of our underlying business model and the execution capabilities of our teams. As we continue this... More
