Sea earnings, Revenue miss in Q1

  • Investing.com
Sea earnings, Revenue miss in Q1
Credit: © Reuters.

Investing.com - Sea reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Sea announced earnings per share of $-0.87 on revenue of $1.57B. Analysts polled by Investing.com anticipated EPS of $-0.555 on revenue of $1.86B.

Sea shares are up 24.85% from the beginning of the year and are trading at $248.51 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% year to date.

Sea follows other major Technology sector earnings this month

Sea's report follows an earnings beat by Alphabet C on Tuesday, February 2, 2021, who reported EPS of $22.3 on revenue of $56.9B, compared to forecasts EPS of $15.77 on revenue of $52.69B.

NVIDIA had beat expectations on Wednesday, February 24, 2021 with fourth quarter EPS of $3.1 on revenue of $5B, compared to forecast for EPS of $2.81 on revenue of $4.82B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100

Related Articles