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Maybank raises Sea’s revenue and adjusted EBITDA estimatesMaybank Investment Bank has raised Sea‘s full year revenue and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) estimates by 3 percent to 6 percent. The research house said in a note on last Wednesday that Sea’s strong tech-driven execution, underpenetrated markets and supportive competitive landscape position it for sustained high growth, while its...0 Commenti 0 condivisioni 667 Views 0 Anteprima
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Sea’s revenue jumps 29.6 percent amid strong e-commerce salesSingapore’s tech conglomerate Sea Limited saw its revenue surge 29.6 percent year on year to $4.8 billion in the first quarter, underpinned by strong e-commerce growth. The firm said in a statement on Tuesday that it achieved a total net income of $410.8 million for the quarter, as compared to total net loss of $23 million a year ago. The firm’s total adjusted earnings before...0 Commenti 0 condivisioni 6K Views 0 Anteprima
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