While cash burn might have improved a bit, cash is still burning.
In this video, I will go over Sea Limited's (SE -1.33%) recent earnings report, which surprised investors by showing a profit. But is the company actually profitable, or is this just another one-time phenomenon such as we've seen with Palantir?
*Stock prices used were from the trading day of March 6, 2023. The video was published on March 7, 2023.
Neil Rozenbaum has positions in Palantir Technologies. The Motley Fool has positions in and recommends Palantir Technologies and Sea Limited. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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