$Sea Ltd(SE)$ 

• Revenue +7% Y/Y to $3.5B ($0.4B beat).

• EPS $0.72 ($1.27 beat).

- Shopee adj. margin 9% (+64pp Y/Y).

- Garena Bookings -18% Q/Q to $0.5B.

- SeaMoney revenue +93% Y/Y.

Significant earnings beat driven by lower sales & marketing expenses, should monitor Garena cash cow for further deterioration

# Will Sea continue to go up as TikTok shuts shop?

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.

Report

Comment26

  • Top
  • Latest
  • NeedMoneyPls
    ·2023-03-09
    ME WAN SHOPEE COINS
    Reply
    Report
  • 007ws
    ·2023-03-09
    gd
    Reply
    Report
  • BlueDragon
    ·2023-03-09
    ok
    Reply
    Report
  • Wafu
    ·2023-03-09
    [Strong]
    Reply
    Report
  • Bonghanhuei
    ·2023-03-09
    ok
    Reply
    Report
  • Toby_Chua
    ·2023-03-09
    [Cool]
    Reply
    Report
  • Jiawei81
    ·2023-03-09
    Good
    Reply
    Report
  • YsL
    ·2023-03-09
    tq
    Reply
    Report
  • TO66
    ·2023-03-09
    thanks
    Reply
    Report
  • MKTrader
    ·2023-03-09
    ok 1
    Reply
    Report
  • Bharatt
    ·2023-03-09
    🙏🏻😊
    Reply
    Report
  • Nelsonon
    ·2023-03-09
    ok
    Reply
    Report
  • JeffreyZen
    ·2023-03-09
    👍🏼
    Reply
    Report
  • AlfonsoDex
    ·2023-03-09
    Ok
    Reply
    Report
  • IsleofSkye
    ·2023-03-09
    Thks
    Reply
    Report
  • Tailwind
    ·2023-03-09
    👌
    Reply
    Report
  • justforcoins
    ·2023-03-09
    k
    Reply
    Report
  • ChaoAhBeng
    ·2023-03-09
    K
    Reply
    Report
  • Chitz
    ·2023-03-09
    ok
    Reply
    Report
  • Velisian
    ·2023-03-09
    👍🏻
    Reply
    Report