From Financial Modeling Prep: 2025-05-13 11:50:00

Sea Limited (NYSE:SE) reported a mixed first-quarter, missing earnings and revenue expectations but showing strong growth across all segments. Despite falling short on adjusted earnings at $0.65 per share, revenue rose nearly 30% year-over-year to $4.84 billion. Shopee hit a record $28.6 billion in gross merchandise value, while digital financial services revenue surged 57.6% to $787.1 million.

Adjusted EBITDA more than doubled to $946.5 million, and net income swung to a profit of $410.8 million from a loss of $23 million last year. The company’s e-commerce, fintech, and gaming segments all showed accelerating growth and expanding profitability, boosting confidence in Sea Limited’s full-year outlook.



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