Sea Limited Q1 Earnings Miss Estimates, Revenues Rise Y/Y, Shares Up
Sea Limited (SE) reported adjusted earnings of 86 cents per share in the first quarter of 2025, missing the Zacks Consensus Estimate by 7.53%. The company posted earnings of 21 cents per share in the year-ago quarter.Revenues of $4.8 billion increased 29.6% on a year-over-year basis, primarily driven by growth in Gross Merchandise Value (GMV) for the e-commerce and digital financial services segments.Following the release, SE shares rose 1.41% in the pre-market trading. Year to date, SE shares have surged 4 ...