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10.11.26 - 13:01
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Sea Ltd Profit Advances In Q3 (AFX)
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SINGAPUR (dpa-AFX) - Sea Ltd (SE) revealed earnings for its third quarter that Increased, from last yearThe company's bottom line totaled $502.46 million, or $0.78 per share. This compares with $3......
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10.11.26 - 12:33
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Sea Limited Reports Third Quarter 2026 Results (Business Wire)
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SINGAPORE--(BUSINESS WIRE)--Sea Limited (NYSE: SE) (“Sea” or the “Company”) today announced its financial results for the third quarter ended September 30, 2026.
In the third quarter of 2026, Sea's GAAP revenue was US$8.6 billion, up 43.4% year-on-year. The Company also achieved gross profit of US$3.9 billion, up 51.4% year-on-year, and net income of US$502.5 million, up 34.0% year-on-year. Adjusted EBITDA1 increased by 28.9% year-on-year to reach US$931.3 million.
“Our strong momentum from the first half of the year has continued into the third quarter. We are pleased with this solid performance, and will continue to focus on executing our priorities with discipline,” said Forrest Li, Sea's Chairman and Chief Executive Officer.
On Shopee, he said, “Shopee delivered another strong quarter, again achieving new record highs in both top- and bottom-line metrics. Our strategies have proven effective at strengthening our fundamentals, giving us a growing buyer base, stronger monetization, and i...
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