Investing.com - Sea reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Sea announced earnings per share of $-0.88 on revenue of $3.22B. Analysts polled by Investing.com anticipated EPS of $-0.8481 on revenue of $3.03B.
Sea shares are down 34.92% from the beginning of the year and are trading at $145.60 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Sea follows other major Communication Services sector earnings this month
Sea's report follows an earnings beat by Alphabet A on Tuesday, February 1, 2022, who reported EPS of $30.69 on revenue of $75.33B, compared to forecasts EPS of $27.68 on revenue of $72.27B.
Alphabet C had beat expectations on Tuesday, February 1, 2022 with fourth quarter EPS of $30.69 on revenue of $75.33B, compared to forecast for EPS of $27.8 on revenue of $72.27B.
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