Tiger Newspress2022-05-17
Sea soared over 15% in morning trading as it topped revenue estimates on e-commerce strength.
Digital Entertainment revenue increased 45.3% Y/Y to $1.1 billion, and bookings were $0.8 billion versus $1.1 billion a year ago. The segment adjusted EBITDA was $431.4 million, compared to $717.3 million a year ago.
Quarterly active users were 615.9 million, compared to 648.8 million a year ago.
Average bookings per user were $1.3 versus $1.7 a year ago.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Terms and Conditions·Privacy Policy
Company: TTMF Limited. Tech supported by Xiangshang Yixin.
Email：uservice@ttm.financial