Sea Ltd (SE) shares plunge 13% after Q2 earnings miss

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Sea Limited Reports Second Quarter 2023 Results

August 15, 2023 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, 2023.

In the second quarter of 2023, we delivered strong results, building upon many of the key initiatives we shared previously, said Forrest Li, Seas Chairman and Group Chief Executive Officer. In the past couple of quarters, we have not only achieved self-sufficiency, but also demonstrated the profitability of our model and our ability to manage fast and significant shifts in operational focus as we see fit. Given this, we have strengthened our execution... More