SE Stock Recent News

Sea Limited (SE -6.17%) has reaccelerated growth in revenue, and that is exciting investors.

Shares of Sea Limited (SE -5.34%) were up 8% this week as of 10:30 a.m. ET on Friday, according to data provided by S&P Global Market Intelligence.

SHENZHEN, China, March 07, 2025 (GLOBE NEWSWIRE) -- During the 2024 Chinese Spring Festival movie season, the animated film Ne Zha 2 swept the box office. According to publicly available reports, the film grossed RMB 4.839 billion during the holiday period.

EQNR and partners find up to 44M barrels of recoverable gas and condensate in the Mistral Sor well, reinforcing Norway's role in Europe's energy security.

HOUSTON--(BUSINESS WIRE)--Expro (NYSE: XPRO), a leading provider of energy services has been awarded major contracts from OMV Petrom, totalling more than $10 million USD for the Neptun Deep gas project in the Black Sea. The contracts involve Expro's subsea landing string (SSLS), SeaCure® cementing technology, tubular running services (TRS) and Coretrax Advance drilling tools to support the project in offshore Romania. Neptun Deep is the largest natural gas project in the Romanian Black Sea and.

Equinor and its partners have made a gas and condensate discovery in the Mistral South exploration well in the Halten area of the Norwegian Sea, and plan to develop the resources, the state-controlled company said on Wednesday.

Diversified Southeast Asian technology company Sea Limited (SE 7.14%) reported Q4 2024 earnings on Tuesday, March 4, that topped analysts' consensus expectations. Revenue of $4.95 billion beat the consensus of $4.65 billion while earnings per share (EPS) of $0.39 came in ahead of estimates of $0.30.

Shares of Sea popped a further ~5% after reporting Q4 results, prompting me to take my gains on my position and downgrade the stock to a sell rating. E-commerce faces intense competition from homegrown competition like Tokopedia, and the gaming segment's reliance on a few hit games is concerning. The gaming division, which continues to generate roughly double the profit of e-commerce, has lost active players two quarters in a row, while average revenue per player is also declining.

Sea Limited (NYSE:SE ) Q4 2024 Results Conference Call March 4, 2025 7:30 AM ET Company Participants Rebecca Lee - Investor Relations Forrest Li - Chairman & Chief Executive Officer Chris Feng - President Tony Hou - Chief Financial Officer Conference Call Participants Pang Vitt - Goldman Sachs Alicia Yap - Citigroup Divya Katyal - Morgan Stanley Piyush Choudhary - HSBC Sachin Salgaonkar - BofA Thomas Chong - Jefferies Operator Good morning and good evening to all, and welcome to the Sea Limited Fourth Quarter and Full Year 2024 Results Conference Call. [Operator Instructions] And finally, I'd like to advise all participants that this call is being recorded.

Although the revenue and EPS for Sea Limited (SE) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.