Sea Limited's Earnings Sends Stock Soaring -- Here's What Investors Should Know

By Jose Najarro – Mar 8, 2023 at 9:40AM

NYSE: SE

Sea Limited

Market Cap

$33B

Today's Change

(0.05%) $0.03

Current Price

$62.86

Price as of April 26, 2024, 4:00 p.m. ET

Sea Limited increased its take rate on high-margin solutions and reduced its expenses dramatically to push the company into profits. While gaming remains weak, its fintech solutions show strong promise to investors.

Sea Limited (SE 0.05%) reported its Q4 earnings, shocking investors and analysts with a profitable and positive-cash-flow quarter. There are three things investors should know about earnings, its gaming pipeline, how the company reduced its expenses dramatically, and how it made considerable improvements in Brazil. Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the after-market prices of March 7, 2023. The video was published on March 7, 2023.

Jose Najarro has positions in Sea Limited. The Motley Fool has positions in and recommends Sea Limited. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.