Sea Limited Reports Second Quarter 2019 Results
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Sea Ltd. (SE) PT Raised to $40 at Macquarie
August 21, 2019 4:24 AM EDTMacquarie analyst Conrad Werner raised the price target on Sea Ltd. (NYSE: SE) to $40.00 (from $32.00) while maintaining a Outperform rating.
... MoreSea Ltd. (SE) PT Raised to $44 at Credit Suisse
August 21, 2019 4:23 AM EDTCredit Suisse analyst Varun Ahuja raised the price target on Sea Ltd. (NYSE: SE) to $44.00 (from $43.00) while maintaining a Outperform rating.
... MoreSea Ltd. (SE) Reports Q2 Revenues Beat; Raises FY19 Revenue Guidance for Digital Entertainment & E-Commerce Segments
August 20, 2019 6:38 AM EDTSea Ltd. (NYSE: SE) reported Q2 revenue for the quarter came in at $665.4 million versus the consensus estimate of $613.47 million.
Second Quarter 2019 Highlights
- Group
Total adjusted revenue was US$665.4 million, up 203.1% year-on-year from US$219.6 million for the second quarter of 2018.Total adjusted EBITDA was US$(11.0) million compared to US$(161.9) million for the second quarter of 2018.- Digital Entertainment
Adjusted revenue was US$443.2 million, up 218.6% year-on-year from US$139.1 million for the second quarter of 2018.Adjusted EBITDA was US$263.8 million, up 442.6% year-on-year from US$48.6 million for the second... More