It missed analyst's estimates but I don't think this warrants such a sharp share price drop. Financial results still seem very strong, and reflective of a company that is growing rapidly. 

Sea's 1Q results miss estimates

Sea Limited today announced its financial results for the first quarter ended March 31, 2021.Sea reported quarterly losses of $ per share which missed the analyst consensus estimate of $ by 16.98 percent. This is a 19.23 percent decrease over losses of $ per share from the same period last year. The company reported quarterly sales of $1.80 billion which missed the analyst consensus estimate of $1.81 billion by 0.55 percent. This is a 96.95 percent increase over sales of $913.92 million the same
Sea's 1Q results miss estimates

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  • lks
    ·2021-05-18
    panic selling
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