SE stock news · Sea Limited
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Get alerts for SESea Limited shared that it made $8.6 billion in sales last quarter, up 43% from last year.
Good for SESea reported $8.6 billion in sales, up 43% from a year earlier, and more than $930 million in adjusted EBITDA, up 29%. The results point to stronger business performance.
Sea Limited's costs for AI are rising as Shopee faces tough competition from other online stores.
NeutralSea Limited's sales rose 43.4% to $8.58 billion, but profit per share missed estimates. Strong business growth and weaker profit results point in different directions.
Three consumer stocks, Visteon Corp, Sea Ltd, and One Group Hospitality Inc, could see big gains this quarter.
NeutralSea's analyst kept an Overweight rating but cut the price target, giving mixed signals. The report shares no new company results, so it does not show a clear change in Sea's outlook.
Wang Yanjun from Sea Limited says he sold 1,600 Class A shares for about $123,180.
NeutralSea Limited’s chief commercial officer and lawyer sold 1,600 shares and still owns 74,380. This personal sale does not report a change in Sea’s business, so its outlook is unchanged.
Sea's stock drops 8.33% after news about its new AI platform and insider selling.
NeutralSea Ltd plans to offer its cloud system to outside customers and may list Monee separately. The possible benefits and costs balance, so the story does not change Sea's outlook.