Sea Turned Down 2% in Morning Trading After Surging Over 14% Yesterday

Tiger Newspress2022-05-18

Sea turned down 2% in morning trading after surging over 14% yesterday.

The company said it had a quarterly loss of $580.1 million, or 80 cents a share, compared with a loss of $422.1 million, or 62 cents a share, in the same quarter last year. Analysts polled by FactSet were looking for a loss of $769 million, or $1.17 a share.

Revenue for the quarter came in at $2.9 billion, compared to last year's $1.76 billion and the $2.86 billion analysts were expecting.

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Comments

  • Huatahhuat
    2022-05-19
    Huatahhuat
    2 % only πŸ‘πŸ»πŸ‘πŸ»
  • Sysy
    2022-05-19
    Sysy
    Ok
  • Sysy
    2022-05-19
    Sysy
    Ok
  • kenong62
    2022-05-19
    kenong62
    Like
  • SSVC
    2022-05-19
    SSVC
    K
  • StevieLim
    2022-05-19
    StevieLim
    Buy buy buy 
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