written by reader Sea ltd

By exfool, May 18, 2020

Anyone got any view on Sea Ltd q1 results they’ve just posted on their website?

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Travis Johnson, Stock Gumshoe Recent comment authors

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Travis Johnson, Stock Gumshoe

Excellent continuation of growth. Not a blowout compared to expectations, but very solid — probably the part that was most “surprising” and helped to drive the shares higher was the commentary about April, after the quarter ended — 100% growth in Free Fire paying users year over year, 140% growth in Shopee orders, etc. The first quarter was strong, with revenue growing slightly from Q4 to Q1, but it looks like the second might be stronger still if these trends continue. The only real negative that jumped out, and it should have been expected, is that expenses were high —… Read More »

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