Sea Limited's (SE) U.S.-listed shares jumped Tuesday after the Singapore-based company posted better-than-expected sales on strong demand for its e-commerce and financial services.
The parent of the Shopee marketplace reported third-quarter revenue soared 30.8% to $4.33 billion, well above the $4.06 billion expected by analysts surveyed by Visible Alpha. Sea posted earnings per share (EPS) of 24 cents, swinging from a loss of 26 cents per share a year ago, though that missed forecasts.
Sea's e-commerce sales jumped 42.6% to $3.2 billion, with gross orders up 24.2% to 2.8 billion. Sales at the Digital Financial Services unit rose 38% to $615.7 million. However, Digital Entertainment division sales dropped 15.9% to $497.8 million.
Sea shares were up close to 11% in intraday trading Tuesday, and have more than doubled in value since the start of the year.
TradingView
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。