Investing.com - Sea reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Sea announced earnings per share of $-1.03 on revenue of $2.28B. Analysts polled by Investing.com anticipated EPS of $-1.14 on revenue of $2.99B.
Sea shares are down 59.78% from the beginning of the year and are trading at $89.97 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% year to date.
Sea follows other major Communication Services sector earnings this month
Sea's report follows an earnings missed by Alphabet C on Tuesday, July 26, 2022, who reported EPS of $1.21 on revenue of $69.69B, compared to forecasts EPS of $1.27 on revenue of $69.8B.
Meta Platforms had missed expectations on Wednesday, July 27, 2022 with second quarter EPS of $2.46 on revenue of $28.82B, compared to forecast for EPS of $2.54 on revenue of $28.91B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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