From Yahoo Finance: 2025-05-13 10:23:00

Sea Limited (NYSE: SE) reported fiscal first-quarter results with quarterly revenue up 29.6% to $4.84 billion, missing analyst estimates. Digital Entertainment revenue increased 8.2% to $495.59 million, with bookings up to $775.4 million. E-commerce revenue rose 28.7% to $3.12 billion, while Core marketplace revenue grew 39.2% to $2.4 billion.

The company’s adjusted EBITDA for Digital Entertainment was $458.2 million, up 56.8% year over year. Quarterly active users increased to 661.8 million, with average bookings per user at $1.17. Sea generated $756.93 million in operating cash flow and held $4.02 billion in cash and equivalents as of March 31, 2025.

Digital Financial Services revenue grew 57.6% to $787.12 million, with adjusted EBITDA up 62.4% year over year. Sea remains confident in achieving a full-year GMV guidance of around 20% while improving profitability. SE stock is trading up 6.10% at $151.15 as of the last check on Tuesday.

Read more: Sea Stock Soars On Robust Q1 Growth In E-Commerce, Fintech