Sea (South East United States) surged before market opening! Q1 revenue increased nearly 30% year-on-year, and earnings per share exceeded expectations.

date
13/05/2025
According to the financial news app 36Kr, Southeast Asian technology company Sea (SE.US) announced its first quarter performance in 2025 on Tuesday, showing that revenue increased by 29.6% year-on-year to $4.84 billion due to steady growth in diversified business, but fell short of analysts' average expectation of $4.89 billion; net profit was $411 million, compared to a net loss of $23 million in the same period last year; diluted earnings per share were $0.65, better than analysts' average expectation of $0.63.