Edition:
United Kingdom

Sea Reports Q1 Loss Per Share Of $1.86


Wednesday, 22 May 2019 

May 21 (Reuters) - Sea Ltd ::SEA LIMITED REPORTS FIRST QUARTER 2019 RESULTS.Q1 REVENUE $351.9 MILLION VERSUS REFINITIV IBES ESTIMATE OF $434.8 MILLION.GROSS ORDERS FOR QUARTER TOTALED 203.5 MILLION, AN INCREASE OF 82.7% YEAR-ON-YEAR FROM 111.4 MILLION FOR Q1 OF 2018.QTRLY ADJUSTED REVENUE WAS $149.2 MILLION, UP 342.1% YEAR-ON-YEAR FROM $33.7 MILLION FOR Q1 OF 2018.QTRLY LOSS PER SHARE $1.86.QTRLY TOTAL NEGATIVE ADJUSTED EBITDA $32MLN, COMPARED TO NEGATIVE ADJUSTED EBITDA $144.7 MILLION.QTRLY DIGITAL ENTERTAINMENT REVENUE $173.4 MILLION VERSUS $110.7 MILLION LAST YEAR.QTRLY DIGITAL ENTERTAINMENT QUARTERLY ACTIVE USERS 271.6 MILLION VERSUS 216.2 MILLION LAST YEAR.