Sea reports revenue, EBITDA beat in Q2 but EPS falls short; shares down

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Sea Limited Reports Second Quarter 2024 Results

August 13, 2024 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, 2024.

Im happy to report that it has been a solid quarter for us, with our strong momentum from Q1 continuing into Q2. All three of our businesses have shown both strong growth and higher profitability, said Forrest Li, Seas Chairman and Chief Executive Officer.

On Shopees 2024 outlook, he said, With the strong results delivered in the first half and our outlook for the rest of the year, we expect that... More