|Day's range||20.57 - 21.11|
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Recently, Zacks.com users have been paying close attention to Sea Limited Sponsored ADR (SE). This makes it worthwhile to examine what the stock has in store.
Based on the average brokerage recommendation (ABR), Sea Limited Sponsored ADR (SE) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
Recently, Sea Limited (NYSE: SE), a technology conglomerate based in Singapore, announced a 5% pay raise for most of its employees starting in July. Let's examine Sea Limited's latest earnings announcement to gain insights into its current situation. Shopee has been a controversial business.
Stocks suffering the most in this tough economic period could deliver the biggest gains during a recovery.
Sea Limited (NYSE: SE) investors have been on a wild ride this year, with the stock rising more than 60% in 2023 up until last week's earnings report, after which the stock promptly dropped nearly 20%. While a slight miss on the bottom line might have been the excuse short-term investors needed to take some profits, Sea Limited actually delivered some impressive results when looking under the hood at its most important e-commerce and fintech segments. In fact, there aren't one but several good reasons to scoop up Sea shares for the long haul at these prices.
Sea Limited ( NYSE:SE ) shareholders might be concerned after seeing the share price drop 18% in the last week. But...
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Share prices of Sea Limited (NYSE: SE) fell by 18% on Tuesday after the Singapore-based e-commerce and gaming company posted its first-quarter report. On an adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) basis, Sea posted a profit of $507 million, compared to a loss of $510 million a year ago. On a generally accepted accounting principles (GAAP) basis, it generated a net profit of $87 million, which was also a vast improvement from its net loss of $580 million a year earlier.
Sea Limited's (SE) first-quarter 2023 results benefit from a solid uptick in e-commerce and digital financial services businesses.
Companies In The News Are: IQ, BIDU, SE, SA.
(Bloomberg) -- Sea Ltd. had its worst day in more than a year after earnings missed estimates and gaming revenue plunged 43%, raising questions around its nascent profitability drive.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden Says US-China Relations Set to Improve ‘Very Shortly’Mexico Raises Alert Level on Volcano Rumbling Near CapitalZelenskiy Signals Bakhmut Falling, Russian Casualties HighDespite posting its second consecutive quarterly profit, Sea
Though it jumped from a massive net loss to a profit, its first-quarter numbers weren't good enough to please the market.
Image source: The Motley Fool. Sea Limited (NYSE: SE)Q1 2023 Earnings CallMay 16, 2023, 7:30 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood day, and welcome to the Sea Limited first-quarter 2023 results conference call.
Although the Nasdaq Composite managed to post modest gains, the Dow Jones Industrial Average and S&P 500 were both lower. Sea Limited (NYSE: SE) raised some concerns about the strength of consumers in the Asia-Pacific region, while shareholders in Horizon Therapeutics (NASDAQ: HZNP) had to deal with a threat that could bring hopes for a lucrative acquisition to a grinding halt. Shares of Sea Limited dropped 15% on Tuesday morning following the release of the Southeast Asian e-commerce and video game specialist's latest financial results.
Yahoo Finance Live's Rachelle Akuffo discusses the drop in shares of Sea Limited after its Q1 earnings miss.
Today we're going to take a look at the well-established Sea Limited ( NYSE:SE ). The company's stock led the NYSE...
In this video, I will go over Sea Limited's (NYSE: SE) first-quarter earnings report, which saw the company generate net income for the second quarter in a row. Despite the positive effect of the cost cuts, the market wasn't convinced.
SINGAPORE, May 16, 2023--Sea Limited (NYSE: SE) ("Sea" or the "Company") today announced its financial results for the first quarter ended March 31, 2023.
(Bloomberg) -- One quarter down and it’s so far, so good for the tech sector.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Set for Runoff as Erdogan Falls Just Short of VictoryS&P ETF Barely Budges on Yellen’s Late-Day Notice: Markets WrapRemote Work Comes With Daytime Drug and Drinking HabitsMicrosoft’s $69 Billion Activision Deal Wins EU ApprovalResults this earnings season have mostly come in better than feared, and share prices have responded pos
There was perhaps no bigger poster child for the pandemic boom-and-bust cycle than Sea Limited (NYSE: SE). As a result, Sea's stock plunged nearly 90% at one point from its 2021 peak to last October's lows. Management responded by aggressively cutting costs and scaling back Sea's geographical ambitions to focus on its core markets.
(Bloomberg) -- Just over a year ago, Forrest Li was laid up in bed with Covid, fretting about the future of his company, Sea Ltd. So he propped himself up on a pillow to hammer out the latest in a series of memos that would change the course of his business — and perhaps the tech industry.Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballyMercedes Sets Out to Make Sexy Vans With Yacht-Like InteriorsThe $120 Million Ghost Ship Antigua Is Desperate to UnloadSing
Sea Limited's (SE) first-quarter 2023 performance will likely benefit from the diversification of overall service offerings and cost-optimization initiatives.
(Bloomberg) -- Sea Ltd. shares have more than doubled since November, boosting optimism that the tech conglomerate is on the path to a sustainable recovery from a devastating slide that started in late 2021.Most Read from BloombergYellen Says ‘We Have to Default’ on Something If Congress FailsFlorida’s Money Man Threatens to Cut Ties With Bank of America, Wells FargoThis New Airline Is Raising the Bar, From First Class to EconomyElon Musk Picks Linda Yaccarino as Next Twitter CEOTesla Recalls Vi
Key Insights The projected fair value for Sea is US$75.15 based on 2 Stage Free Cash Flow to Equity With US$86.71 share...