Sea (NYSE:SE) reported its Q1 earnings results on Tuesday, May 16, 2023 at 06:30 AM.
Here’s what investors need to know about the announcement.
Earnings
Sea missed estimated earnings by 10.26%, reporting an EPS of $0.35 versus an estimate of $0.39.
Revenue was up $141.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $1.51 which was followed by a 0.31% drop in the share price the next day.
Here’s a look at Sea’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.79 | -1.09 | -1.21 | -1.17 |
| EPS Actual | 0.72 | -0.66 | -1.03 | -0.80 |
| Revenue Estimate | 3.06B | 3.00B | 2.97B | 2.80B |
| Revenue Actual | 3.45B | 3.16B | 2.94B | 2.90B |
To track all earnings releases for Sea visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.