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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