Sea Limited Reports Q3 Revenue Beat and Strong Growth Amid Slight EPS Miss
Sea Limited (SE) reported third-quarter financial results characterized by significant top-line growth. The company achieved revenue of $8.58 billion, representing a 43.2% increase year-on-year and exceeding market expectations by approximately $500 million. Despite the revenue beat, Sea's GAAP earnings per share (EPS) of $0.78 fell slightly short of consensus estimates by $0.01. Operational metrics showed strong momentum, with gross orders rising 25.5% year-on-year to 4.5 billion and Gross Merchandise Volume (GMV) reaching US$39.7 billion for the quarter.
Tickers: $SE
Topics: earnings_miss gmv gross_orders revenue_beat