Sea Limited (SE) Q4 Earnings Miss Estimates, Revenues Up Y/Y

Sea Limited (SE) reported a loss of 1 cent per share in fourth-quarter 2023, missing the Zacks Consensus Estimate of 2 cents per share. The company posted earnings of $1.25 per share in the year-ago quarter. Revenues of$ 3.6 billion increased 4.8% on a year-over-year basis. The consensus estimate was pegged at $3.59 billion. The company’s shares have gained 33.1% year to date compared with the Zacks Computer & Technology sector’s rise of 9.8%. Top-Line Details Digital entertainment revenues totaled$ 510.7 m ...