$Sea Ltd(SE)$ , known as "Sout

$Sea Ltd(SE)$ , known as "Southeast Asia's little Tencent", released its Q1 2024 financial report, exceeding expectations with:

- 30% YoY revenue growth to $4.84 billion
- Net profit of $411 million, vs. a loss of $23 million in the same period last year
- Adjusted EBITDA surged 136% YoY to $947 million

The company's stock price surged over 13% after the report, reflecting market recognition of its profit inflection point. Despite challenges, Sea Ltd is confident in achieving its 2025 strategic goals.

Sea Core Businesses on Fire: Hold Tight Till $200?

The stock jumped 6% after Sea reported net income of $410.8 million for the first quarter through March, compared with a year-earlier loss. The company is performing well against rivals TikTok and Lazada. ----------------- After earnings beat, can Sea continue its uptrend till $200? How do you view Shoppee's strong trend againts Lazada and TikTok?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":435064410264408,"tweetId":"435064410264408","gmtCreate":1747235832863,"gmtModify":1747236474957,"author":{"id":4142551860919612,"idStr":"4142551860919612","authorId":4142551860919612,"authorIdStr":"4142551860919612","name":"nomadic_m","avatar":"https://community-static.tradeup.com/news/1f3661c844e575fec696ac41d1d30e18","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"currentWearingBadge":{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Published at least 3 PICK posts (or 10 IDEA posts) and, within the past 30 days, posted at least 1 PICK post (or 4 IDEA posts) and 1 comment","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.04.11","individualDisplayEnabled":0},"individualDisplayBadges":[],"fanSize":372,"starInvestorFlag":false},"themes":[{"themeId":"d0af8a952a7d4a5596ad1aac9eec0da9","categoryId":"7a15628ce2174325bddc6229505e0d70","name":"Sea Core Businesses on Fire: Hold Tight Till $200?","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":d0af8a952a7d4a5596ad1aac9eec0da9}&rnconfig={\"headerBarHidden\": true}","description":"The stock jumped 6% after Sea reported net income of $410.8 million for the first quarter through March, compared with a year-earlier loss. \nThe company is performing well against rivals TikTok and Lazada.\n-----------------\nAfter earnings beat, can Sea continue its uptrend till $200?\nHow do you view Shoppee's strong trend againts Lazada and TikTok?","image":"https://community-static.tradeup.com/news/94bdfa76f4dd79707f9db656b25ffc83"}],"images":[],"coverImages":[],"html":"<html><head></head><body><a href=\"https://ttm.financial/S/SE\"> $Sea Ltd(SE)$ </a>, known as \"Southeast Asia's little Tencent\", released its Q1 2024 financial report, exceeding expectations with:\n\n- 30% YoY revenue growth to $4.84 billion \n - Net profit of $411 million, vs. a loss of $23 million in the same period last year \n - Adjusted EBITDA surged 136% YoY to $947 million\nThe company's stock price surged over 13% after the report, reflecting market recognition of its profit inflection point. Despite challenges, Sea Ltd is confident in achieving its 2025 strategic goals.</body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/SE\"> $Sea Ltd(SE)$ </a>, known as \"Southeast Asia's little Tencent\", released its Q1 2024 financial report, exceeding expectations with:\n\n- 30% YoY revenue growth to $4.84 billion \n - Net profit of $411 million, vs. a loss of $23 million in the same period last year \n - Adjusted EBITDA surged 136% YoY to $947 million\nThe company's stock price surged over 13% after the report, reflecting market recognition of its profit inflection point. Despite challenges, Sea Ltd is confident in achieving its 2025 strategic goals.</body></html>","text":"$Sea Ltd(SE)$ , known as \"Southeast Asia's little Tencent\", released its Q1 2024 financial report, exceeding expectations with: - 30% YoY revenue growth to $4.84 billion - Net profit of $411 million, vs. a loss of $23 million in the same period last year - Adjusted EBITDA surged 136% YoY to $947 million The company's stock price surged over 13% after the report, reflecting market recognition of its profit inflection point. Despite challenges, Sea Ltd is confident in achieving its 2025 strategic goals.","highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":1,"favoriteSize":0,"link":"https://ttm.financial/post/435064410264408","repostId":0,"isVote":1,"tweetType":1,"viewCount":707,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["SE"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":424,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/435064410264408"}