Previous close | 11.90 |
Open | 11.77 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 95.00 |
Expiry date | 2025-12-19 |
Day's range | 11.77 - 11.90 |
Contract range | N/A |
Volume | |
Open interest | 75 |
(Bloomberg) -- Sea Ltd. reported first-quarter earnings that exceeded analysts’ estimates, a sign that the Southeast Asia e-commerce leader is managing to navigate fierce competition from the likes of ByteDance Ltd.’s TikTok.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindMacron Puts French Banks in Play With Plan to Transform EuropeTesla Rehires Some Supercharger Workers Weeks After Musk’s CutsFive Under-the-Radar Billionaires Making Vast Fortunes in Modi's I
Southeast Asian technology firm Sea Ltd beat estimates for first-quarter revenue on Tuesday, driven by strong performance of e-commerce unit Shopee, sending U.S.-listed shares of the company up 7% in premarket trading. Analysts have said Shopee benefited from an early start of Ramadan in the quarter, while Sea's digital business gained from the popularity of online multi-player game Free Fire. Sea's total revenue grew 23% to $3.73 billion in the quarter ended March 31, compared with analysts' average estimate of $3.56 billion, according to LSEG data.
SINGAPORE, May 14, 2024--Sea Limited (NYSE: SE) ("Sea" or the "Company") today announced its financial results for the first quarter ended March 31, 2024.