Sea Ltd. (SE) PT Raised to $150 at Cowen; Sees Strong Q2 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/17/2026
- Generac strikes $8B supply deal with Amazon for data center power
- Wall St ends lower after Fed hikes interest rates, sees more tightening ahead
- Shipping stocks on fire — but cracks are forming in the rate rally
- JPMorgan Fed scenario analysis: 5 paths for the S&P 500 today
- Bernstein on Crypto: 'Clarity fails - what next?'
Sea Ltd. (SE) Misses Q2 EPS by 26c, Revenues Beat
August 18, 2020 6:32 AM EDTSea Ltd. (NYSE: SE) reported Q2 EPS of ($0.68), $0.26 worse than the analyst estimate of ($0.42). Revenue for the quarter came in at $1.29 billion versus the consensus estimate of $1.06 billion.
Second Quarter 2020 Highlights
Group
Total adjusted revenue was US$1,287.2 million, up 93.4% year-on-year from US$665.4 million for the second quarter of 2019.Total gross profit was US$200.8 million, up 106.1% year-on-year from US$97.4 million for the second quarter of 2019.Total adjusted EBITDA was US$7.7 million compared to US$(11.0) million for the second quarter of 2019.Digital Entertainment
Adjusted revenue was US$716.2 million, up 61.6% year-on-year from... More