Sea Limited Stock Surges 20.5% on Strong Revenue Growth Despite Earnings Miss
Sea Limited's shares soared 20.5% as investors rewarded its explosive revenue growth across all three business segments—e-commerce, digital finance, and gaming—despite a slight earnings miss. The Southeast Asian super-app company reported a 38.2% revenue jump to $5.3 billion, with digital financial services leading at 70% growth.
Profitability metrics turned sharply positive, with EBITDA flipping to $227.7 million in e-commerce and digital entertainment bookings growing 23.2%. The results underscore Sea's transition from growth-at-all-costs to scalable monetization, particularly in its fintech vertical—a sector increasingly intersecting with cryptocurrency adoption in emerging markets.