For the quarter ended December 2023, Sea Limited Sponsored ADR (SE - Free Report) reported revenue of $3.56 billion, up 16.9% over the same period last year. EPS came in at -$0.01, compared to $1.25 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $3.59 billion, representing a surprise of -0.66%. The company delivered an EPS surprise of -150.00%, with the consensus EPS estimate being $0.02.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Sea Limited Sponsored ADR performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenue- Digital entertainment: $510.77 million compared to the $573.24 million average estimate based on two analysts. The reported number represents a change of -46.2% year over year.
- Revenue- Other Services: $42.19 million versus the two-analyst average estimate of $35.76 million.
- Revenue- Digital Financial Services: $472.39 million versus the two-analyst average estimate of $475.55 million. The reported number represents a year-over-year change of +24.3%.
- Revenue- E-Commerce: $2.59 billion compared to the $2.48 billion average estimate based on two analysts.
- Adjusted EBITDA- Digital Entertainment: $217.41 million versus $227.87 million estimated by two analysts on average.
- Adjusted EBITDA- E-commerce: -$225.33 million versus the two-analyst average estimate of -$325.60 million.
- Adjusted EBITDA- Unallocated expenses: -$6.88 million compared to the -$3.65 million average estimate based on two analysts.
- Adjusted EBITDA- Other Services: -$6.98 million compared to the -$6.46 million average estimate based on two analysts.
- Adjusted EBITDA- Digital Financial Services: $148.48 million versus the two-analyst average estimate of $163.85 million.
View all Key Company Metrics for Sea Limited Sponsored ADR here>>>Shares of Sea Limited Sponsored ADR have returned +21.5% over the past month versus the Zacks S&P 500 composite's +4.8% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.
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For the quarter ended December 2023, Sea Limited Sponsored ADR (SE - Free Report) reported revenue of $3.56 billion, up 16.9% over the same period last year. EPS came in at -$0.01, compared to $1.25 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $3.59 billion, representing a surprise of -0.66%. The company delivered an EPS surprise of -150.00%, with the consensus EPS estimate being $0.02.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Sea Limited Sponsored ADR performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenue- Digital entertainment: $510.77 million compared to the $573.24 million average estimate based on two analysts. The reported number represents a change of -46.2% year over year.
- Revenue- Other Services: $42.19 million versus the two-analyst average estimate of $35.76 million.
- Revenue- Digital Financial Services: $472.39 million versus the two-analyst average estimate of $475.55 million. The reported number represents a year-over-year change of +24.3%.
- Revenue- E-Commerce: $2.59 billion compared to the $2.48 billion average estimate based on two analysts.
- Adjusted EBITDA- Digital Entertainment: $217.41 million versus $227.87 million estimated by two analysts on average.
- Adjusted EBITDA- E-commerce: -$225.33 million versus the two-analyst average estimate of -$325.60 million.
- Adjusted EBITDA- Unallocated expenses: -$6.88 million compared to the -$3.65 million average estimate based on two analysts.
- Adjusted EBITDA- Other Services: -$6.98 million compared to the -$6.46 million average estimate based on two analysts.
- Adjusted EBITDA- Digital Financial Services: $148.48 million versus the two-analyst average estimate of $163.85 million.
View all Key Company Metrics for Sea Limited Sponsored ADR here>>>Shares of Sea Limited Sponsored ADR have returned +21.5% over the past month versus the Zacks S&P 500 composite's +4.8% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
Zacks Names #1 Semiconductor Stock
It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.
With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.
See This Stock Now for Free >>
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